According to BlockBeats, Figma's stock experienced a significant surge on its first day of trading on the U.S. stock market, increasing by 250% to close at $115.50. Following the market close, the stock continued to rise by an additional 24.2%, reaching a price of $143.45.
Figma had previously indicated in its prospectus that it is authorized to issue 'Blockchain Common Stock.' Additionally, in early July, Figma disclosed its holdings of nearly $70 million in Bitcoin ETFs and has received approval to purchase an additional $30 million in Bitcoin.