Revenue in the first half of the year was US$341 million
Figure's core business is to develop blockchain technology to facilitate lending.
At the technical application level, Figure is using artificial intelligence technology to optimize business processes. The company uses OpenAI's technology to assist in evaluating loan applications and has deployed a chatbot powered by Gemini, a subsidiary of Google's parent company Alphabet, on its website.
Figure's ecosystem and technology expenses in the first half of 2025 were US$43.75 million, compared with US$12.51 million in the same period last year; interest income was US$32.64 million, compared with US$19.70 million in the same period last year.
DCM and Ribbit Capital are shareholders
Before the IPO, DCM holds 11.3% of Class A shares and has 3.2% of voting rights; Ribbit Capital holds 10.9% of Class A shares and has 3.1% of voting rights; Gemini Investments holds 6.1% of Class A shares and has 1.7% of voting rights; Morgan Creek holds 5.3% of Class A shares and has 1.5% of voting rights.
Michael Cagney holds 8.4% of Class A shares and 100% of Class B shares, with 75.9% of the voting rights; RPM holds 4.8% of Class A shares and 1.4% of the voting rights; Larry Conroy holds 1.1% of Class A shares.
The following is the Figure roadshow PPT:
With Trump’s election victory and the launch of Super Doginals, a free Doge-themed beat-’em-up game on the Doginals protocol, Dogecoin has surged over 10%. The game offers a fun escape amid crypto market volatility and celebrates the Dogecoin community's enthusiasm.
CatherineYoutube's new feature allows creators to use AI to remix songs, offering fresh takes with popular artists' voices. This tool, still in testing, highlights the growing role of AI in music and ensures proper attribution to original creators.
AnaisMeta has reduced the prices of its ad-free subscriptions for Facebook and Instagram in the EU by up to 40%, following regulatory pressure. It has also introduced a new "less personalised" ad option for users who prefer to access the platforms for free.
AnaisPresident-elect Donald Trump announced Tuesday that Tesla CEO Elon Musk and Strive co-founder Vivek Ramaswamy will lead the newly created D.O.G.E, focused on reducing bureaucracy, cutting costs, and streamlining government operations.
KikyoBinance Founder CZ playfully mocks “Bitcoin is Dead” critics as Bitcoin hits a new all-time high, underscoring the cryptocurrency’s resilience and defying those who doubted its longevity.
CatherineA massive cryptocurrency scam in South Korea led to the arrest of 215 people, including a YouTuber who used his platform to promote fake investment schemes. The scam, which targeted over 15,000 investors, defrauded them of around $230 million by selling worthless crypto assets and making false promises of high returns.
JoyA phishing attack on a cryptocurrency investor led to the theft of 95.3 million GIGA tokens, worth over $6 million, through a fake Zoom link. The hacker quickly sold the stolen tokens, converted them into Solana and stablecoins, and moved the funds to obscure wallets, while the investor is now working with law enforcement to recover the assets.
WeatherlyThe FBI has reportedly seized Polymarket CEO Shayne Coplan’s devices, possibly tied to the platform’s prediction of Trump’s election victory. While no charges have been filed, sources suggest market manipulation is under investigation. Meanwhile, France’s gambling regulator may block Polymarket’s operations. Is this the beginning of the end for the decentralised betting platform?
CatherineAmidst his election victory and staff appointments, President-elect Trump is capitalising on the Dogecoin trend by selling DOGE merchandise. This move highlights his continued business instincts, even in politics, as Dogecoin enjoys a steady rally.
KikyoCoinbase Wallet’s upcoming “tap-to-pay” feature aims to rival quick-pay apps like Venmo and Cash App, with a goal to reach 50 countries by 2025. Additionally, Coinbase’s Base network is working to solve Ethereum layer 2 interoperability, which could allow seamless transfers across multiple chains within six months.
Weatherly