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Figure Technology Achieves Over $5 Billion Market Valuation at Debut
2 day ago /
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Author：小编
On September 11, Figure Technology, a blockchain-based financial infrastructure platform, made its official debut on the Nasdaq stock exchange. The company was established in 2018 by Mike Cagney, the former founder of SoFi, and secured early-stage funding from prominent investors such as DST Global, DCM Ventures, and LM Ventures. For its initial public offering (IPO), Figure issued a total of 31.5 million shares, each priced at $25—surpassing the initial projected range of $20–$22 per share. This move enabled the company to raise $787 million in total, propelling its market valuation to exceed $5 billion immediately upon listing.
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