Figma, used by many employees at large companies, is going public. According to the latest documents, Figma plans to issue its stocks on the blockchain.

Currently, the company holds a Bitcoin ETF worth 70 million dollars and has been approved to purchase an additional 30 million dollars in Bitcoin.

The expected IPO fundraising valuation is projected to reach 16 billion, with an estimated share price of 25 to 28 dollars. This is significantly lower than Adobe's attempt to acquire for 20 billion in 2022. $BTC