The market for initial public offerings, or IPOs, for companies in the crypto sector has been quite active and successful this year. Starting from multi-asset trading platform eToro (ETOR) in May, followed by stablecoin issuer Circle (CRCL) and crypto-specific exchange platform Bullish (BLSH), all made spectacular debuts on the bourses, with eToro and Circle being oversubscribed.
Thus, it will be a tough act to follow for blockchain-based lender Figure Technology (FIGR).
