Blockchain lending company Figure Technology plans to go public

ChainCatcher news, according to The Information, co-founder of blockchain lending company Figure Technology Solutions, Mike Cagney, stated that the company plans to go public this fall and is leveraging the White House's more favorable policies towards cryptocurrency and the growing interest from investors in the industry to drive related business development.

The IPO represents a significant turning point for Figure, which attempted to go public during the administration of former President Biden but faced regulatory hurdles due to inappropriate wording used in its regular application documents.