Figure Technologies IPO Price Hits $26, Valuing It at $5.4B

Figure Technologies IPO has lifted its per-share price range from $18–$20 to $24–$26, targeting roughly 20 million shares to raise up to $520 million. This adjustment boosts its valuation to about $5.4 billion, up from $4.3 billion in its initial filing. The blockchain lending firm, which pivoted from consumer loans to Provenance blockchain finance, reported $191 million in revenue in H1 2025. The Figure Technologies IPO, scheduled for Thursday, highlights strong institutional demand, growing DeFi adoption, and could set a benchmark for future blockchain finance ventures.
Bullish
Figure Technologies IPO price increase and robust demand indicate positive investor sentiment. In the short term, this could drive a rally in FTI shares and boost confidence across blockchain lending and DeFi markets. Over the long term, a successful IPO may attract institutional capital to crypto infrastructure, supporting sector growth and stability. The move also sets a benchmark for future blockchain finance ventures, potentially further bolstering market prospects.