Key Takeaways
- Figma inventory jumped 250% on its first day, closing at $115.
- Figma’s IPO is a part of a wave of public listings amid renewed market exercise beneath the Trump administration.
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Figma, the collaborative design platform, soared 250% in its NYSE debut Thursday, closing at $115 after pricing its IPO at $33. The inventory climbed one other 24% to $143 in after-hours buying and selling, Yahoo Finance knowledge reveals.
The firm, which holds $70 million in Bitcoin ETFs, reached an enterprise worth of $66 billion at market shut, exceeding 3 times the proposed acquisition worth in Adobe’s failed 2022 takeover try, which was blocked by European regulators.
According to StockMKTNewz, Cathie Wood’s ARK Invest bought 60,000 shares of Figma on its debut day.
Cathie Wood and Ark Invest purchased 60,000 of Figma $FIG right now pic.twitter.com/zi0CcIkMC1
— Evan (@StockMKTNewz) August 1, 2025
Figma joins different firms going public in 2025 amid a revival in IPO exercise beneath the Trump administration.
Prior to Figma, crypto-native agency Circle Internet Group, the corporate behind the second-largest stablecoin, USDC, additionally made a splash on the NYSE, with shares (CRCL) hovering as excessive as $123 in their first week. Circle closed at $183 right now, down 3%.
In its SEC IPO submitting, Figma revealed it maintains $30 million in USDC stablecoins earmarked for future Bitcoin purchases. The firm’s Bitcoin publicity showcases a rising development of firms incorporating crypto property into their treasury methods.
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