Figure and Gemini Aim for $887M Together in Crypto IPO Surge

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Sep 02 2025

IPO Activity in Crypto: Figure Technology Solutions is aiming to raise $526 million through its IPO, while Gemini Space Station seeks $361 million, reflecting a surge in crypto-related public listings. Both companies have updated their filings, with Figure reporting a 22.4% revenue increase and Gemini facing significant losses.
Market Trends and Future Prospects: The crypto IPO market is gaining traction, with successful debuts from firms like Bullish and Circle, indicating strong investor interest. Additional companies like Grayscale and Kraken are also pursuing IPOs, showcasing institutional confidence in the cryptocurrency sector's growth and regulatory clarity.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Figure and Gemini Aim for $887M Together in Crypto IPO Surge

About the author

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