New York, Jan 6, 2026, 09:42 EST — Regular session
- FIGR rose about 3% and briefly touched $55.30, extending Monday’s surge.
- Goldman Sachs flagged Figure among preferred crypto-linked financial names in a sector note.
- Focus turns to the Fed’s Jan. 27-28 meeting and the path for U.S. rates.
Shares of Figure Technology Solutions, Inc. (FIGR.O) rose about 3% on Tuesday and briefly hit $55.30, a new 52-week high. The stock was last up at $54.86, extending a sharp two-day run after a roughly 22% jump in the prior session.
The move matters because Figure’s core lending business is tied to the direction of U.S. interest rates: lower rates can lift demand for home-equity lines of credit (HELOCs), a revolving loan backed by a home’s value. Minneapolis Fed President Neel Kashkari said inflation is trending down but warned the unemployment rate could “pop” higher, adding the policy rate is “pretty close to neutral” after last year’s three-quarter-point of cuts. Reuters
Wall Street attention has also turned to a Goldman Sachs call on crypto-related financial firms. Analysts led by James Yaro upgraded Coinbase to “Buy” and said they remain positive on Robinhood, Interactive Brokers and Figure Technologies, while downgrading eToro; “We see an attractive entry point for COIN,” they wrote. Decrypt
Bitcoin was up about 1.5% to around $94,070, while Coinbase and Robinhood shares rose about 8% and 7%, respectively, in early trading. The bid in digital assets has helped keep money rotating into stocks tied to crypto volumes and tokenization — the push to turn traditional assets such as stocks into digital tokens.
Figure went public in September at $25 a share and pitched itself as a bridge between housing finance and crypto, using its Provenance blockchain to originate and process home-equity loans. “Blockchain never loses an opportunity to shoot itself in the foot,” co-founder Mike Cagney told Reuters at the time.
Still, the stock has swung sharply since its Nasdaq debut, and the latest rally leaves little margin for a shift in rates or risk appetite. A stubborn inflation backdrop, firmer bond yields, or tighter rules around digital assets and tokenized securities could cool demand for the trade quickly.
