Overview

• The company plans to list under the ticker FIGR on Nasdaq, with Goldman Sachs, Jefferies and BofA Securities leading the offering.
• Revenue rose 22.4% to about $191 million in the first half of 2025, producing roughly $29 million in net income versus a year-ago loss.
• Figure says its Provenance blockchain has supported over $16 billion in home equity originations, and it employs OpenAI tools plus a Google Gemini chatbot in its lending workflow.
• The S-1 says IPO proceeds would fund working capital and potential acquisitions, and the company does not plan to pay dividends.
• The filing follows a confidential submission earlier this month and places Figure in a growing 2025 crypto-IPO pipeline that includes Circle’s successful debut and Gemini’s application.