Figma plans to raise $1 billion in IPO, holds Bitcoin ETF and plans to issue blockchain stocks

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According to the Financial Times, design software company Figma has officially submitted its IPO filing to the U.S. SEC, planning to issue approximately 40 million shares at a price of $25-28 per share, with potential fundraising of up to $1 billion and a maximum valuation of $16.5 billion (fully diluted). In the filing, Figma disclosed holding approximately $70 million in Bitcoin ETF and plans to add more investments in the coming months. Additionally, the company has been authorized to issue Blockchain Common Stock.


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