Figma’s Bold Bitcoin Bet: $70M ETF Play Ahead of IPO Filing
Design giant Figma just signaled its crypto ambitions—with cold, hard BTC exposure.
Not your grandma's treasury management
The IPO-bound company parked $70 million in Bitcoin ETFs, swapping corporate bonds for digital gold. Wall Street analysts are either applauding the move or calling it 'portfolio roulette'—depending on who still has skin in the game after the 2024 ETF bloodbath.
When design meets decentralized finance
This isn't some meme-stock gamble. That $70M position makes Figma one of the first major tech firms to allocate pre-IPO war chest funds to crypto vehicles. The move echoes MicroStrategy's playbook, minus the evangelical tweets.
The real disruption?
Watching traditional VCs scramble to explain why they're still overweight in commercial paper while design tools moonwalk into Web3.
After years of explosive growth, a failed $20B Adobe acquisition, and a wave of AI innovation, Figma IPO is finally opening its books. The collaborative design powerhouse, has just filed its S-1 to go public on the NYSE under the ticker “F... Read More
