Fig Technology Solutions, a fintech company dedicated to transforming financial services through blockchain technology, has secretly applied for the Securities and Exchange Commission’s initial public offering (IPO) and joined the growing list of crypto-related companies preparing to enter traditional financial markets.
Title Technology filed a confidential IPO filing with the SEC, which provided the expected equity securities with its equity securities, Announce on Monday.
The number of shares and price ranges has not been determined, but market conditions and completion of the SEC review process must be followed. An IPO application is filed under the new SEC clause, which allows for confidential application before the final public offering.
Encrypted IPO activities gain momentum
More and more cryptocurrency companies are applying to traditional IPO lists, showing the convergence of digital and traditional markets, with more capital from traditional investors to the cryptocurrency industry.
Participation in public markets provides more access to cryptocurrency companies Public stock products and similar strategies adopted by Michael Saylor’s strategy.
Related: Apple should buy Bitcoin,” Saylor said, disappointed in stock buybacks
The diagram provides blockchain-based financial services, including loans and real-world assets (RWA) tokenization, through the Source Blockchain, a public sales blockchain built in 2018 based on the diagram, aiming to “solve the data control problem specifically used in financial services.”
number Beyond In March 2024, three days after announcing a $60 million Series A funding round to kick off the character market, it was the $30 billion OnChain loan and securities transaction in March 2024, the first step in building its so-called Crypto, token stocks and securities, the company, the company, the company Announce March 18, 2024.
Related: Blockchain Group Adds $68 million in Bitcoin to Corporate Finance Ministry
Circle’s $6.9 billion success may begin 2025’s crypto IPO season
Circle, the world’s second largest Stablecoin USDC issuer (USDC), First debut on the New York Stock Exchange After raising its IPO to more than $1.05 billion on June 5.
Circle’s success may inspire a new Encrypted IPO season In 2025, induce more companies to enter the public market. Circle’s IPO pricing was valued at $6.9 billion as of June 2.
A month later, a cryptocurrency-centric asset management company Grayscale submitted Cointelegraph provided a confidential IPO submission to the SEC on July 14.
Crypto exchange operators and media companies bullishly plan to raise up to $629 million through IPOs, watching Valuation of $4.2 billionCointelegraph reported on Tuesday.
https://www.youtube.com/watch?v=jzncalgknio
Magazine: Crypto wants to overthrow the bank and is now becoming them in the Stablecoin battle