Tech Darling Figma Soars 198% Following IPO; Holds $70M in Bitcoin ETF
Main Idea
The content provided does not contain any substantive article or information to summarize.
Key Points
Description
Shares of Figma (FIG) rose 198% on its first day of trading on the New York Stock Exchange after the company raised $1.2 billion for its Wednesday initial public offering (IPO). The firm priced shares at $33 a share under the ticker “FIG," valuing the company at about $20 billion. The stock changed hands at $98 in initial trades on Thursday, suggesting a valuation closer to $60 billion. Figma, a developer of design software, previously disclosed the ownership roughly $70 million worth of the Bit...
$BTC
$113950.1
-1.61%
Latest News
- Red Coin, Blue Coin: The New Politics of Exposure2025-08-01 19:00:18
- What Bitcoin's Velocity Says About Its Future2025-08-01 18:59:54
- Crypto ETFs See Record $12.8B Inflows in July as Market Rallies to New Highs2025-08-01 18:59:14
- Crypto Carnage Continues Even as Gold, Bonds Surge on Soft U.S. Jobs Data2025-08-01 18:58:53
- Polkadot's DOT Suffers 5% Decline as Intensified Selling Pressure Overwhelms Market2025-08-01 17:06:59