Blockchain lender Figure seeks valuation over $4.1 billion in US IPO

Blockchain lender Figure Technologies announced Tuesday that it is targeting a valuation of up to $4.13 billion for its initial public offering (IPO). Figure and some of its existing investors plan to sell 26.3 million shares in the IPO, expected to be priced between $18 and $20 per share, aiming to raise up to $526.3 million. Goldman Sachs, Jefferies, and Bank of America Securities are serving as lead underwriters. Figure will list on the Nasdaq under the ticker symbol "FIGR."