Figure Technology Solutions, Inc. announced a proposed secondary public offering of up to 4,230,000 shares of its Series A Blockchain Common Stock. The company intends to repurchase shares of its Class A common stock at an aggregate amount of up to $30 million from the underwriters. Goldman Sachs & Co. LLC, Morgan Stanley, and Cantor will act as lead joint book-running managers and sales agents for the offering. The offering will be made only by means of a prospectus, and a registration statement has been filed with the SEC. Figure Technology Solutions, Inc. is a blockchain-native capital marketplace connecting origination, funding, and secondary market activity.

Figure Technology Solutions, Inc. (Nasdaq: FIGR) is a leading blockchain-native capital marketplace offering $YLDS stablecoins and connecting origination, funding, and secondary market activity. More than 200 partners use its loan origination system and capital marketplace. Figure has originated over $22 billion of home equity to date and offers products like Figure Connect and Democratized Prime. $YLDS stablecoins are unsecured face-amount certificates solely backed by Figure Certificate Company’s assets. The registration of $YLDS and FCC with the SEC does not imply approval by the SEC. Forward-looking statements in this press release are based on current expectations and projections regarding Figure’s business operations.

Read more at GlobeNewswire: Figure Technology Solutions Announces Launch of Secondary