BLOCKCHAIN LENDER FIGURE RAISES $787.5 MILLION IN US IPO

Summary from the TLDR Founders newsletter

Figure Technology raised $787.5 million in its IPO, valuing the blockchain lender at $5.29 billion. The company sold 31.5 million shares at $25 each, higher than its initial range, and will trade on Nasdaq under "FIGR." Figure specializes in blockchain-based home equity loans with faster processing times.