Figure Technology Solutions Inc. (NASDAQ:FIGR) saw a significant surge in its stock price, hitting an all-time high on Friday after an investment firm raised its price target by 16 percent, leading to a 13.86 percent increase in value. Mizuho and Piper Sandler also upgraded their price targets for the company, citing strong performance in consumer loan marketplace volume. Additionally, Figure Technology launched the On-Chain Public Equity Network, allowing companies to list their equity on the blockchain. Shareholders will have the opportunity to use Figure’s Democratized Prime for borrowing and lending stock.

Read more at Yahoo Finance: Figure Technology (FIGR) Soars to All-Time High as Analyst Hikes PT by 16%