Growth potential of Weighing Figure after Nasdaq listing

Figure debuted on the Nasdaq and opened at $36, up 44% from its $25 IPO price. The company focuses on issuing Home Equity Lines of Credit (HELOC) with 180 loan licenses and is a broker-dealer registered by the Securities and Exchange Commission (SEC). The company claims to cut the median financing time for home equity loans to 10 days. Pantera Capital expects Figure to be among the top Web3 listed companies and says it has the potential to reshape the capital market. Additionally, BlackRock is reportedly exploring blockchain-based ETFs, consistent with CEO Larry Fink, who believes tokenization could revolutionize the way investment is invested.