(Reuters) -Figure Technologies is targeting a valuation of up to $4.13 billion in its initial public offering, the blockchain lender said on Tuesday, becoming the latest crypto firm to capitalize on revived investor interest in new listings.
Renewed regulatory clarity and strong inflows into crypto-focused exchange-traded funds have accelerated institutional adoption of digital assets, while successful debuts by crypto exchange Bullish and stablecoin issuer Circle have encouraged other firms to go public.
