According to reports, due to strong market demand, the initial public offering (IPO) pricing for blockchain lending platform Figure Technology Solutions (FIGR.US) will be set higher than the previously raised range of $20 to $22 per share. Figure Technology Solutions is scheduled to list on NASDAQ on Thursday under the ticker symbol "FIGR".

Previous reports indicated that Figure Technology Solutions was considering issuing 31.5 million shares priced between $20 and $22 per share, up from the earlier target of issuing 26.3 million shares in the $18 to $20 per share range. According to reports, the IPO received multiple times oversubscription by 4 PM Eastern Time on Tuesday.

It is understood that Figure Technology Solutions has built a vertically integrated blockchain solution system that provides technological support for various market businesses under its umbrella, covering lending, trading, and investment activities in areas including consumer credit and digital assets. The core foundation of its differentiated infrastructure is established in the home equity line of credit (HELOC) market.

Founded in 2018, Figure Technology Solutions reported revenue of $375 million for the 12-month period ending June 30, 2025.