The collaboration tool Figma, favored by the design community, is about to enter a new stage in the capital market. The latest disclosed documents show that Figma plans to issue its stock through blockchain technology, a pioneering move that has sparked widespread discussion in the industry.



It is reported that Figma currently holds a Bitcoin ETF worth $70 million and has been approved to increase its holdings by an additional $30 million in Bitcoin. This move highlights the company's positive attitude towards crypto assets and may also influence its future financial strategy.

Figma's initial public offering (IPO) is expected to raise funds, valuing the company at approximately $16 billion, with a share price range between $25 and $28. This valuation is significantly lower than Adobe's $20 billion acquisition offer made in 2022, reflecting changes in the current market environment and the company's strategy.

As a widely popular design tool, Figma's IPO plan is not only related to its own development but may also have a profound impact on the entire design software industry. As the company enters the public market, its innovation capability and market competitiveness will face new challenges.

Figma's decision to issue stocks on the blockchain also reflects technology companies' exploration of the application of blockchain technology. This attempt to integrate traditional finance with emerging technologies may open up new pathways for company financing in the future.

Despite being valued lower than the previous acquisition price, Figma's IPO is still regarded as an important event in the tech industry. Investors and industry observers will closely monitor its performance after going public to assess the current market's attitude towards innovative tech companies.
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GateUser-c799715cvip
· 8h ago
Still can't beat Adobe?
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NullWhisperervip
· 07-23 11:37
technically speaking... this on-chain stock issuance looks like a potential vector for chaos
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FlashLoanPrincevip
· 07-22 08:50
The valuation has dropped so much, now it's just a low price.
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quietly_stakingvip
· 07-22 08:48
Dropped Adobe again, bullfrog
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BearMarketLightningvip
· 07-22 08:32
on-chain tmd is so expensive now.
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DegenRecoveryGroupvip
· 07-22 08:26
16 billion, a big gap compared to Adobe.
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OldLeekNewSicklevip
· 07-22 08:23
Suckers will give, and they have to accept; playing people for suckers is inevitable, just see clearly the market.
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