Blockchain Lending Firm Figure Technology Plans IPO

According to Jinse Finance, Mike Cagney, co-founder of blockchain lending company Figure Technology Solutions, stated that the company plans to go public with an IPO this fall. They are leveraging the White House’s more crypto-friendly policies and growing investor interest in the sector to drive business development. The IPO marks a significant turning point for Figure, which previously attempted to go public during former U.S. President Biden’s administration but faced regulatory pushback due to inappropriate wording in its standard application documents.