#### Company Overview

Figure Technology Solutions, Inc. develops and operates a blockchain-based consumer lending platform. The company offers a suite of blockchain-based solutions for its marketplaces, including lending, trading, and investing activities, serving the consumer finance sector. Founded in 2018 and based in Reno, Nevada, the company was formerly known as FT Intermediate, Inc., changing its name to Figure Technology Solutions, Inc. in August 2025.

#### Business Operations and Segments

Figure Technology Solutions Inc., formerly FT Intermediate, Inc., operates as a blockchain-native capital marketplace that connects origination, funding, and secondary market activity. It manages its business through two primary segments: FT Intermediate, Inc. (FTI) and Figure Markets Holdings, Inc. (Markets).

- The FTI segment offers Figure Connect, which generates ecosystem and technology fees. It also originates, sells, and securitizes home equity line of credit (HELOC) loans that it services.

- The Markets segment utilizes blockchain technology to develop an exchange for digital assets and credit, introducing new product offerings such as interest-bearing stablecoin deposits.

#### Technology and Innovation

The Company's proprietary technology enables next-generation lending, trading, and investing activities in areas such as consumer credit and digital assets. Figure is a financial technology company that leverages blockchain, AI, and advanced analytics to provide home equity release solutions, including home equity lines of credit, home improvement loans, and home buy-lease-back offerings for retirement.

#### Competitive Position

Figure Technology Solutions made a strong IPO debut, leveraging blockchain to disrupt financial services, particularly loan origination and securitization. The company positions itself as a disintermediator in the financial services industry, utilizing blockchain technology to streamline traditionally complex processes.

#### Employee Base

The company has approximately 530 employees as of its IPO date, reflecting its growth from a startup to a public company in seven years since its founding.

Figure Technology Solutions represents one of the notable blockchain-focused financial companies to enter public markets, joining the growing trend of crypto and fintech companies seeking public funding to expand their operations and technology capabilities.

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Financial Performance and Market Position

#### Initial Public Offering (IPO)

Figure Technology Solutions (NASDAQ: FIGR), a blockchain platform for financial services, made its debut on the public markets on September 11, 2025. The company, a leading stablecoin issuer and blockchain finance innovator, priced its IPO at $25 per share, raising $787.5 million. Figure completed their IPO on September 11, 2025, to list on NASDAQ under the ticker FIGR. They raised $787.5 million at an implied valuation of $5.3 billion.

#### Key Financial Metrics

- Revenue Performance (Q2 2025): $106.08 million, with 31.35% growth.

- Revenue (Last Twelve Months): $327.24 million.

- Revenue (Full Year 2024): $292.68 million, with 81.34% growth.

- Growth Metrics (2024):

- Ecosystem volumes up 75%.

- Revenues rose 58% to $341 million.

- Achieved profitability in 2024.

- Market Capitalization: Between $2 billion and $10 billion, placing FIGR in the mid-capitalization category.

#### Stock Performance

Shares of Figure shot up approximately 40% post-IPO, opening for trading at $36 on Thursday, September 11, 2025, despite the IPO pricing at $25 per share.

As of Sep 24, 2025, Figure Technology (FIGR) is trading at a price of $39.60.

- Previous Close: $43.09

- Day Range: $39.08 - $43.08

- 52-Week Range: $30.01 - $46.20