Figure Plans Secondary Stock Offering and $30 Million Share Buyback

New updates have been reported about Figure.

Figure Technology Solutions, Inc. has launched a proposed secondary public offering of up to 4,230,000 shares of its Series A Blockchain Common Stock, aiming to expand liquidity in its blockchain-native capital markets platform while broadening its investor base. In conjunction with the deal, Figure plans to repurchase up to $30 million of its Class A common stock from the underwriters at the same price paid by them to the selling shareholders, using existing cash and effectively offsetting a portion of the dilution from the secondary sale.

Goldman Sachs & Co. LLC, Morgan Stanley and Cantor are leading the transaction as joint bookrunners and sales agents, signaling strong institutional support for Figure’s capital markets strategy, although the registration statement is not yet effective and the offering cannot proceed until SEC clearance. The company, which operates a large blockchain-based marketplace used by more than 200 partners and has facilitated over $22 billion in home equity originations, is positioning this capital markets activity alongside growth in products such as Figure Connect and Democratized Prime, underlining its push to scale tokenized lending, secondary trading and its broader digital asset infrastructure.