Some reacted with concerns about dilution for existing shareholders due to the stock price decline and the related-party nature of the transaction.
Bitcoin treasury company Nakamoto to acquire BTC Inc and UTXO in $107 million all-stock deal
Some reacted with concerns about dilution for existing shareholders due to the stock price decline and the related-party nature of the transaction.
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Figure is joining a growing roster of digital asset companies seeking to go public amid booming crypto and stock markets.
The company received takeover interest from a potential investor while conducting a Series B funding round.
The company is also preparing to list on public markets in the U.S. via a special purpose acquisition company, SilverBox Corp IV.
BlackRock CEO Larry Fink said the digital asset market, including stablecoins and tokenized assets, will grow "significantly" over the next few years