Reuters: IPOX® CEO Josef Schuster on Active IPO Pipeline for Blockchain and Crypto Firms
Reuters reports that blockchain lender Figure Technologies is seeking a valuation of up to $4.13 billion in its planned U.S. initial public offering, underscoring renewed momentum for crypto-related listings. The company, co-founded by technology entrepreneur Mike Cagney, aims to raise as much as $526 million through the sale of 26.3 million shares on the Nasdaq under the ticker FIGR.
The article highlights the broader wave of crypto and fintech IPOs, supported by regulatory clarity and institutional adoption of digital assets. Commenting on the trend, IPOX® CEO Josef Schuster noted:
“With the current administration strongly supportive of the space, the (IPO) pipeline is likely to remain active for well-structured, compliance-forward players.”
Figure’s move follows the recent successful listings of crypto exchange Bullish and stablecoin issuer Circle, further signaling investor appetite for digital asset companies entering public markets.
Read the full article by Pritam Biswas and Ateev Bhandari on Reuters: Blockchain lender Figure seeks up to $4.1 billion valuation in US IPO
