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BTCC / BTCC Square / Global Cryptocurrency /
Figma Stock Triples on First Day of Trading Amid Strong Market Debut

Figma Stock Triples on First Day of Trading Amid Strong Market Debut

Author:
Global Cryptocurrency
Published:
2025-07-31 22:54:02
9
1
BTCCSquare news:

Figma's shares surged more than 200% on their first day of trading, opening at $33 and peaking above $102. The company's market capitalization now approaches $50 billion, dwarfing Adobe's failed $20 billion acquisition offer from 2022. Regulatory concerns scuttled that deal last year.

The design software firm raised $1.2 billion through its IPO, pricing shares above the revised estimate range. Figma's tools are used by tech giants including Amazon, Alphabet, and Netflix, underscoring its industry relevance. First-quarter earnings showed $44.9 million in net income, though full revenue figures weren't disclosed.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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