Stablecoin issuer Figure will raise approximately $693 million, up from $526 million before
Source: Odaily
Time: 2025-09-09 21:25:13
Odaily Planet Daily News A person familiar with the matter revealed that stablecoin issuer Figure Technologies will expand the issuance of IPOs and increase the issuance price as retail investors are pushing up the prices of crypto-related stocks. The company is considering raising the IPO price range from $18-20 per share to $20-22 and increasing the number of shares issued from about 26 million to 31.5 million, the person said. At the new pricing, the financing will be approximately $693 million, up from the previous $526 million. (Jin Shi)