Design software leader Figma has allocated $69.5 million to Bitcoin exchange-traded funds (ETFs), constituting approximately 4.5% of its $1.54 billion portfolio comprising cash and securities.
The company has signaled plans to further bolster its Bitcoin exposure by purchasing an additional $30 million worth of Bitcoin using reserves held in the US Dollar Coin (USDC) stablecoin. This strategic bitcoin acquisition precedes Figma’s anticipated New York Stock Exchange initial public offering (IPO).
Figma’s strong financial performance underpins these moves, with the company reporting $749 million in revenue for 2024. Its momentum continued into early 2025, registering revenue of $228.2 million in the first quarter, representing a 46% year-over-year increase.
This significant Bitcoin ETF investment reflects a deliberate financial strategy balancing caution with a progressive outlook towards cryptocurrency adoption. Figma utilizes regulated ETF products to gain Bitcoin exposure while mitigating direct custody risks associated with holding the asset.
The move aligns with a growing trend of corporations seeking exposure to Bitcoin through ETFs, emphasizing a preference for mechanisms that integrate compliance and financial stability.