Figure Technology Solutions Inc. has publicly filed for an initial public offering with the U.S. Securities and Exchange Commission, signalling its intention to list on Nasdaq under the symbol FIGR. The blockchain-based lender is the latest crypto-linked company to seek public capital amid a resurgence in digital-asset listings. The New York-based firm reported that revenue rose 22.4% year on year to $191 million in the six months ended 30 June, while turning a net profit of $29 million after posting a $13 million loss in the comparable 2024 period. Details on the size of the offering and price range were not disclosed. Goldman Sachs, Jefferies Financial Group and Bank of America Securities are acting as lead bookrunners. Some existing shareholders will sell stock alongside the company, though founder and executive chairman Mike Cagney will retain majority voting control after the float. Established in 2018, Figure uses its Provenance blockchain to originate home-equity lines of credit and other loans, claiming more than $16 billion in cumulative originations and partnerships with over 160 financial institutions. The company last raised $200 million at a $3.2 billion valuation in 2021. Its filing follows high-profile debuts by Circle and other crypto firms, underscoring investors’ growing appetite for tokenisation-focused businesses.