Goldman Sachs and JPMorgan Chase will help blockchain financial company Figure IPO, which will be valued at US$2 billion to US$3 billion
According to Bloomberg, blockchain startup Figure is collaborating with Goldman Sachs, JPMorgan, and Jefferies, and its credit department may go public in 2024. These three institutions have also worked with Figure on the issuance of asset-backed securities (ABS) in April. The company is valued at $2 billion to $3 billion.
In addition, Figure hopes to raise $50 million for its digital asset division. BlockBeats previously reported that Figure completed a $200 million Series D financing round at a valuation of $3.2 billion in May 2021, with lead investors 10T Holdings and Morgan Creek Digital.
Sources say that the company was expected to raise $300 million in 2022, but the financing deal was put on hold due to the bear market. The ongoing $100 million financing may be delayed as Figure does not agree to lower its valuation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US stocks head into holiday week with history on their side
Let’s take a look at how US equities typically perform this time of year and what we might see in the coming days
Cardano implements first ZK smart contract
Share link:In this post: Cardano has deployed its first zero-knowledge smart contract on the mainnet through the use of the Halo 2 zkSNARKs. The technology allows for secure and private verification of computations with the help of the network without disclosing sensitive information. ADA recently crossed the $1 level and went as high as $1.15 before a 17% drop.
Investors Flock to UltraShort Bitcoin ETF as Post-Trump Rally Cools
Senator suggests how D.O.G.E. can save $2 Trillion of American Tax Payers
Trending news
MoreCrypto prices
More
