Blockchain lender Figure valued at $7.6 billion as shares jump in Nasdaq debut


Jay Heller, head of capital markets and IPO execution for Nasdaq, works during Blockchain lender Figure Technology Solutions company’s IPO at the Nasdaq Market in New York City, U.S., September 11, 2025. REUTERS/Eduardo Munoz

(Reuters) - Figure Technology was valued at $7.62 billion after its shares jumped 44% in their Nasdaq debut on Thursday, adding to a run of strong first-day performances by crypto-linked firms as the digital-assets industry edges closer to the mainstream.

The New York-based company's stock opened at $44 per share, compared with the offer price of $25.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

People are uploading their medical records to AI chatbots
Christmas unplugged: Australian teen social media ban brings holiday headspace woes
'Not black or white': Teens worldwide react to Australia social media ban
IBM nears roughly $11 billion deal for Confluent, WSJ reports
Where coal once reigned, Virginia eyes data centres
It’s not just you. Users struggle with the Instagram repost button.
Robinhood to enter Indonesia with brokerage, crypto trader acquisition
Artificially intelligent: The evolving threat of deepfakes
Trump says he'll be involved in review of Netflix-Warner Brothers deal
Scale of social media use in pre-school children ‘deeply alarming’

Others Also Read