Public Frenzy | Crypto

Figure Tech has prepared an IPO to raise up to $526M at a potential $4.13B valuation. Founded by Mike Cagney, the lender has originated $16B in on-chain loans, reported H1 2025 profit on $190.6M revenue, and has set Sept. 10 pricing, with shares to list on Nasdaq as FIGR. Uses AI for loans and support. The post Figure Tech Targets $4.3B Valuation in September IPO, Fueling Crypto’s Public Frenzy appeared first on Cryptonews.