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Home equity loan company Figure is targeting a $4.13 billion valuation for its upcoming IPO, seeking to raise up to $526 million. The company, which uses blockchain technology for home equity loans, plans to issue 21.46 million shares priced between $18 and $20 each, with major underwriters including Goldman Sachs and Jefferies. Founded in 2018, Figure has reported significant revenue growth and has funded $17 billion in loans across the U.S. since its inception.
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