Figure Technology Solutions had a blockbuster Wall Street debut on Sept. 11, with its stock opening at $36 per share, well above the $25 pricing. This pushed the blockchain lender’s valuation to $7.6 billion, up from $5.3 billion. The offering included over 23 million new shares and nearly 8 million sold by existing holders. Figure’s stock was trading around $31.88 by early afternoon. This IPO follows strong debuts for other crypto-linked companies this year, signaling renewed investor appetite for blockchain finance. Co-founder Mike Cagney mentioned that the decision to go public was influenced by the changing environment from the previous year. This is a developing story reported by TheStreet on Sep 11, 2025.

Read more at Yahoo Finance: Figure surges in Wall Street debut, valuation tops $7B