Blockchain lending platform Figure Technology Solutions submits draft IPO to the US SEC

Odaily Planet Daily reported that Cointelegraph published an article on the X platform stating that the blockchain lending platform Figure Technology Solutions has submitted confidential draft documents for its initial public offering to the U.S. Securities and Exchange Commission.

Earlier news, Figure Technology Solutions is a startup that provides home loans and operates a cryptocurrency exchange on the blockchain. Its co-founder Mike Cagney said that the company plans to go public this fall and is taking advantage of the White House's more cryptocurrency-friendly policies and investors' growing interest in the industry to promote related business development.