Figure Technology Solutions has increased its initial public offering (IPO) price range to $20–$22 per share, potentially raising up to $689 million from the offering. The company is offering 26.6 million shares of Class A common stock, alongside an additional 4.85 million shares from selling stockholders, totaling 31.5 million shares. If underwriters exercise their overallotment option, the total could reach $796 million, with the primary shares generating up to $585 million in gross proceeds for the company. The funds raised will be directed towards strengthening the blockchain ecosystem, investing in platform development, and repaying outstanding debt. Figure's plans include enhancing its loan origination platform, Figure Connect, and expanding its digital asset marketplaces, alongside advancing its stablecoin, YLDS. In the first half of 2025, Figure reported a net income of $29 million and total stockholders' equity of $404 million, while also noting an accumulated deficit of $292 million.

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