Figma Files for IPO with $70M in Bitcoin Holdings - CVJ.AI

02:20 03.07.2025 robbob

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Figma, the popular design software company, has filed for an IPO while revealing $70M in Bitcoin ETF holdings. The company, which previously faced a failed $20B acquisition by Adobe, is now eyeing a public listing in 2025.

Figma holds $70M in Bitcoin ETFs and plans to use $30M in USDC for future Bitcoin purchases, aligning with a corporate trend of crypto adoption.
The company's failed $20B acquisition by Adobe in 2022 was scrapped due to antitrust concerns, resulting in a $1B breakup fee paid to Figma.
Public and private companies now hold 5.7% of Bitcoin's circulating supply, outpacing ETF purchases for three consecutive quarters.

📎 Read the original article on cryptopotato.com

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