Figure Technologies, the Blockchain lender, founded by Sofi-Medter Mike Cagney, aims at a valuation of up to $ 4.13 billion in the upcoming original public offer, according to new archives for the US Securities and Exchange Commission.
The company and its backers are trying to raise up to $ 526 million through stock sales, making the figure the latest crypto-linked company to test stock markets as an investor appetite on new lists returns.
Shares are set to trade against Nasdaq under Ticker Figr, with Goldman Sachs, Jefferies and Bofa Securities that carry the insurance syndicate.
Figure has been a prominent player in the real world (RWA) Sector that comes from more than $ 16 billion in home credit lines using its provenance blockchain rails.
Earlier this year, it merged with figure markets, another cagey venture that runs a blockchain market space and emits Ydls, a yielded stableecoin structured as a tokenized money market fund.
