Figure, a blockchain-based lender, is making waves by targeting a whopping $4.6 billion valuation through its IPO. The company aims to raise $526 million, which signals significant confidence from backers. With its innovative financial technology and blockchain roots, Figure is poised to shake up the lending market.

Key Highlights:

• Valuation: $4.6 billion target for the IPO.
• Funds: Seeking $526 million in the initial offering.
• Innovative Approach: Leveraging blockchain technology to enhance lending.

Here's the full scoop.