Figure’s Wall Street debut isn’t just another crypto IPO.
Figure Technologies just proved that blockchain can actually fix broken parts of the financial system, and make money doing it. [RELEASE] At a $7.6B valuation and 18x revenue multiple, Figure now trades in line with Coinbase and Robinhood. That tells us two things:
Why it matters: Figure’s $787M IPO is the first major proof that blockchain works best when it makes existing systems better, not when it tries to replace everything.
