Blockchain Lending Legend Mike Cagney’s IPO Redemption Quest

Figure Technology, the seven-year-old prodigy of blockchain-based lending, just dropped a bombshell SEC filing for its IPO of Class A common stock, aiming to prove that their innovation isn’t just smoke and mirrors. Co-founder Mike Cagney, who’s been through his version of a Phoenix rise, might finally get the vindication he deserves. In the wild world of finance-meets-crypto, this company filed a registration statement that promises to shake up traditional lending. As the saying almost goes, 'Lend me your ears (and stocks),' Mike Cagney hopes this move secures lasting legacy and financial delight.

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Source: Techcrunch | Published: 8/19/2025 | Author: Connie Loizos