Figure Technology Shares Rise 24% After $787.5 Million IPO

Figure Shares Open 44% Above Price After $787.5 Million IPO

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By Georgie McKay and Bailey Lipschultz

September 11, 2025 at 2:27 PM UTC

Updated on

September 11, 2025 at 8:13 PM UTC

Shares of Figure Technology Solutions Inc. closed 24% above their IPO price after a listing raising $787.5 million, as the blockchain-based credit company joined a cohort of crypto firms in embracing public markets.

Figure’s shares closed at $31.11 each in New York on Thursday, above the IPO price of $25 apiece. The trading gives the company a market value of around $6.6 billion, based on the outstanding shares. A 2021 venture-backed funding round valued the company at $3.2 billion.