Figma, the San-Francisco design-software company last privately valued at about $12.5 billion, has filed for an initial public offering with the U.S. SEC.
Figma, the San-Francisco design-software company last privately valued at about $12.5 billion, has filed for an initial public offering with the U.S. Securities and Exchange Commission.
The company’s S-1 registration statement shows it held roughly $69.5 million in Bitwise spot Bitcoin ETF shares on 31 March 2025. In a separate resolution on 8 May, Figma’s board authorised the treasury team to deploy a further $30 million in Bitcoin, to be funded using the USDC dollar-pegged stablecoin.
The disclosure positions Figma among the first large U.S. technology firms to detail substantial Bitcoin ETF holdings in an IPO prospectus, underscoring rising corporate interest in digital-asset treasuries.
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Source: https://thedefiant.io/news/tradfi-and-fintech/figma-ipo-prospectus-shows-70-million-bitcoin-etf-holding-board-oks-30-million-7d81fdc1