#noticiascripto 🚨🔥Figma seeks to raise $1 billion at a valuation of $16 billion in IPO filing

The San Francisco-based design software company filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) to raise up to $1 billion and secure a valuation of approximately $16.5 billion on a fully diluted basis.

According to the IPO prospectus filed on Monday, Figma and its investors plan to offer nearly 40 million shares priced between $25 and $28 each. If the share price is at the top of that range, the company could raise slightly more than $1 billion.

Figma revealed earlier this month that it holds over $69 million in Bitcoin through ETFs, and USDC reserves worth $30 million, all purchased in March.

The IPO filing indicates a valuation of over $16 billion

The prospectus noted that on a fully diluted basis, accounting for employee stock options and restricted shares, Figma's valuation would reach approximately $16.5 billion. Its market capitalization would reach $13.6 billion based solely on outstanding shares.