Figma, the popular design software company, has reportedly taken a significant step towards going public. According to Wu Blockchain, Figma has submitted its IPO application to the U.S. Securities and Exchange Commission (SEC). Figma's Bitcoin ETF Investment Interestingly, Figma's financial strategy includes a notable investment in the cryptocurrency market. The company currently holds approximately $70 million in a Bitcoin spot ETF, demonstrating a bullish stance on Bitcoin's future potential. Future Crypto Plans Further signaling their embrace of blockchain technology, Figma plans to increase its Bitcoin ETF holdings in the future. Additionally, the company has secured the right to issue blockchain-based common stock, potentially opening up new avenues for fundraising and investor engagement. This move positions Figma as a forward-thinking company exploring the intersection of technology and finance. ```