Figure Technology Solutions, a blockchain-focused lender, plans to raise $526 million through an initial public offering (IPO), according to regulatory filings. The company intends to sell 21.5 million shares priced between $18 and $20 each, with 4.9 million shares offered by existing holders. At the upper price range, Figure would be valued at $4.3 billion. The IPO is scheduled for pricing on September 10. Figure's valuation has increased since its 2021 Series D funding round, which valued the company at $3.2 billion. The firm reported $191 million in revenue for the first half of 2025. Originally focused on consumer lending, Figure has expanded to offer blockchain-driven financial products on the Provenance Blockchain, attracting significant investor interest. This IPO occurs as several crypto and blockchain companies, including Gemini and Kraken, are entering public markets.