A blockchain-based lending company known as Figure has officially submitted a confidential documentation package as part of its preparations to go public through an initial public offering (IPO). This move signals the firm's intention to raise capital by offering shares to investors and highlights the growing interest in blockchain technology within the financial services sector. The confidential nature of the submission indicates that Figure is still in the early stages of the IPO process and is taking steps to ensure that sensitive information is protected while they work to finalize their plans for public trading.
source: https://www.coindesk.com/business/2025/08/04/blockhain-based-loans-firm-figure-files-confidential-submission-for-ipo