Figure Tech raises $787 mn in IPO, Stock debut eyed strong
Blockchain lender Figure Technology Solutions priced its IPO at $25 per share, above its $20-22 range, raising $787.5 million and valuing it at $5.3 billion. Shares debut today on Nasdaq under ticker FIGR. Retail sentiment is 'extremely bullish,' with traders eyeing a debut above $40. Billionaire investor Stanley Druckenmiller's Duquesne Family Office is buying $50 million worth of shares.