“Figure Technologies is seeking to raise as Much as $ 526 Million at A Valuation Over $ 4 Billion Through the Share Sale.”, – WRITE: www.coindesk.com
The Company and Its Backers Are Seneking to Raise As Much as $ 526 Million Through the Share Sale, Making Figure the Latest Crypto-Linked Firm to Test Equity Markets as Invistor APPETITE.
Shares Are Set to Trade on Nasdaq Under The Ticker Figr, With Goldman Sachs, Jefferies, and Bofa Securities Leading the Underwriting Syndicate.
Figure Has Been A Prominent Player in the Real-World Asset (RWA) Sector, Originating More Than $ 16 Billion in Home Equity Lines
Earlier this year it Merged with Figure Markets, Another Cagney Venture that Operates a Blockchain Marketplace and Issues ydls, A yield-bearing stablecoin
Traders Say The Combination of Macro Uncertainty, Fragile Sentiment, and Thinning Volumes Leaves Little Room for Error Heading Into What Has Historically Been Been The Toughest MONTH.
- Bitcoin has been hisistical strugmed in september, with the largest token by Market Capitalization Declining in Nine of the Last 14 Years.
- The Total Crypto Market Capitalization has Droped to $ 3.74 Trillion, A Three-Week Low, As Bitcoin Opened The Week Near $ 110,000.
- Traders are cautious due to macro uncertainty and Thinning Volumes, with Technical Indicators Pointing to a Potential Further Decline in Bitcoin Prices.
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