Core Viewpoint - The successful IPO of Figure Technology Solutions Inc. marks a continuation of the trend of cryptocurrency-related companies entering the public market, reflecting strong investor interest in blockchain-based firms with solid fundamentals [1][3][7]. Group 1: Company Overview - Figure Technology Solutions Inc. debuted on NASDAQ under the ticker FIGR, opening at $36, a 44% increase from its IPO price of $25, and closing at $31.11, up 24.4% [1][2]. - The company raised $787.5 million by issuing 31.5 million shares, exceeding the initial offering of 26.65 million shares due to strong demand [2][7]. - Figure's market capitalization reached approximately $6.49 billion at the close of its first trading day, with a valuation of $5.3 billion based on the IPO price and $7.6 billion based on the opening price [3][4]. Group 2: Financial Performance - For the first half of the year, Figure reported a net profit of $29.1 million and revenue of $190.6 million, compared to a net loss of $15.6 million and revenue of $156 million in the same period last year [4]. - The company anticipates a full-year revenue of $341 million and a net profit of $17.2 million for 2024, a significant improvement from 2023's projected revenue of $209.6 million and a net loss of $47.9 million [4]. - Figure facilitated approximately $6 billion in home equity loans over the past 12 months, marking a 29% year-over-year increase [4]. Group 3: Market Position and Technology - Figure utilizes blockchain technology to enhance its lending operations, having funded over $16 billion in loans since its inception in 2018 [3][4]. - The company claims to be the largest player in the public blockchain space for real-world assets, with significant adoption among major mortgage lenders [5][6]. - The CEO emphasized the practical value of blockchain in financial services, aiming to simplify transactions by reducing the number of intermediaries involved [5][6]. Group 4: Industry Trends - The IPO of Figure is part of a broader trend of cryptocurrency and blockchain companies seeking public listings, with more IPOs expected, including the notable Gemini exchange [3][7]. - The demand for Figure's IPO led to an increase in the share count and pricing range, indicating strong market interest in blockchain-related investments [7][8].
币圈又吸金:Figure美股首秀大涨24%,市值超60亿美元
Sou Hu Cai Jing·2025-09-11 23:46