Figure Technology Files Second IPO to Issue Equity on Solana
Figure Technology has submitted a second IPO filing that aims to issue its corporate equity directly on the Solana blockchain. The move, disclosed Dec. 13, 2025, positions Figure among a small but growing set of companies experimenting with native on-chain securities issuance rather than traditional paper or custodial share registers.
If approved, the offering could accelerate tokenized securities use cases—faster settlement, programmable shareholder rights, and potentially broader secondary market access on Solana. The proposal will draw close regulatory scrutiny, and market participants will be watching whether this advances mainstream adoption of blockchain-based equity or prompts new compliance standards for on-chain stock issuance.