Blockchain lending firm Figure Technology plans IPO

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According to The Information, ChainCatcher reports that Mike Cagney, co-founder of blockchain lending company Figure Technology Solutions, stated that the company plans to go public via an IPO this fall and is leveraging the White House's more crypto-friendly policies and growing investor interest to drive its business development.

The IPO represents a significant turning point for Figure, which previously attempted to go public during President Biden's administration but faced regulatory obstacles due to inappropriate wording in its standard application documents.

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