SoFi's Mike Cagney's Figure Technology submits IPO application to the US SEC

According to Golden Finance, SoFi co-founder Mike Cagney's Figure Technology Solutions announced on Monday that it has "secretly" submitted an IPO draft registration statement to the US Securities and Exchange Commission (SEC) and plans to go public within the year. The company stated that it has not yet determined the number of shares to be issued and the pricing range. Figure is a blockchain native capital market platform that claims to be the "largest non bank home equity lending institution in the United States". The company recently completed a merger with Figure Markets, which had participated in the bidding for the FTX lock up of Solana token. Figure, along with Grayscale, Bullish, and BitGo, has become one of the cryptocurrency related companies seeking IPO financing. Cagney confirmed in an article on X, "Although there have been rumors, this time it comes from me personally