Nasdaq braces for IPO debut of first blockchain lender as Figure swings to $29M profit

Figure Technology has filed for an initial public offering on Nasdaq, reporting $191 million in revenue for the first half of 2025 and a net income of $29 million. The filing, made public on August 18, marks one of the first cases of a blockchain-based lender reaching the U.S. public markets. Per Reuters, the company The post Nasdaq braces for IPO debut of first blockchain lender as Figure swings to $29M profit appeared first on CryptoSlate.