Figure Technology Solutions, Inc. on Tuesday announced the launch of its initial public offering (IPO) of 26.3 million shares of Class A common stock in a bid to raise $526 million. The news follows reports in July that the company was preparing to go public in the fall.

The IPO news is a win for the San Francisco-based company, which faced challenges to go public during the Biden administration but sees a friendlier environment for crypto-related businesses under the Trump administration.

Figure is targeting a valuation of up to $4.13 billion in its IPO.

A Figure spokesperson told details ⇒

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