Stablecoin issuer Figure Technologies increased the size and raised the price range of its initial public offering first mentioned on Tue, 9 Sep 2025 as retail investors bid up crypto-related stocks, confirming a Reuters report. The company revised its IPO at a price range of $20 to $22 a share – up from its previous range of $18 to $20 a share. It also raised the number of shares to 31.5 million from around 26 million. Initial FIGR's IPO would have raised as much as $526 million and valued the company at $4.1 billion. With revision and based on top end of new pricing range, Figure's IPO will raise roughly $693 million and value the company at $4.66 billion. IPO’s proceeds will fund (i) corporate growth, (ii) working capital, and (iii) potential acquisitions, further amplifying its scalabi
Last week, the Fed's interest rate meeting continued to rate hike by 25 basis points without suspense, and the market also thought it was the last rate hike of the Fed in this round without suspense. When to cut interest rates has become a topic of discussion among analysts. Looking at the past interest rate increase and reduction cycle of the Federal Reserve, the time span from suspending the rate hike to starting to cut interest rates is about 10 months on average. According to the past law, that is, early next year, it is the time point for the Federal Reserve to cut interest rates.However, at present, the market obviously doesn't think so. The market believes that the earliest time for the Federal Reserve to cut interest rates will be the interest rate meeting in July this year, which
Fed announced to increase 25 bps after March FOMC meetin. Before we talk about the comments of the intitutions, let's look at the basic facts.I. Basic facts1. The Fed raised rates by 25 basis points as expected by the market, and its Fed Fund rate expectation (dot plot) is a bit more hawkish compared with the December FOMC last year:the median benchmark rate expectation is 5.1% at the end of 2023, the same as the December FOMC;the median benchmark rate expectation is 4.3% at the end of 2024, higher than the December FOMC's 4.1%.Source: BloombergHowever, the market clearly does not agree with Fed's hawkish stance. Both Fed rate futures and the OIS are pricing in the Fed cutting rates to around 4% by the end of this y