AsianFin -- Figure Technology Solutions reported a 22% revenue increase in the first half of 2025, according to its U.S. IPO filing released Monday, as the blockchain lender prepares to go public amid renewed momentum for crypto-related listings.

The company booked $191 million in revenue for the six months ended June 30, up from the year before, and swung to a $29 million profit from a $13 million loss a year earlier.

A friendlier regulatory climate under the Trump administration and the strong debut of stablecoin issuer Circle have fueled optimism for digital asset firms heading to public markets. Figure’s move follows last week’s IPO filing by Gemini, the crypto exchange founded by the Winklevoss twins.