BiyaPay Analyst: Following Circle, the US Stock Market Will See Another Major IPO, Silicon Valley's "Design Tool" Figma Takes the Capital Stage
BlockBeats News, July 31st, Cloud-based collaborative design platform Figma (ticker: FIG) officially landed on the NYSE on Wednesday Eastern Time, with an IPO price of $33 per share, higher than the original target range. The IPO was oversubscribed by 30 times, raising over $1.2 billion. Post-dilution valuation reached $19.5 billion, making it one of the most anticipated U.S. stock IPOs this year.
Previously, Figma was planned to be acquired by Adobe for $20 billion, but the deal fell through due to antitrust scrutiny. Now, leveraging its strong profit-making ability and 13 million monthly active users worldwide, the company has independently stepped onto the capital stage. In the fiscal year 2024, the company's revenue reached $7.49 billion, a 48% year-on-year growth, achieving profitability and entering the "SaaS Profitability Club."
Figma's successful listing has also injected confidence into U.S. tech stocks, indicating that the IPO market recovery is accelerating. The current market is in a key window for the repricing of AI, collaboration tools, and design software.
Through BiyaPay, investors can directly trade popular U.S. new stocks like Figma and Hong Kong stock assets using USDT, without the need to open an offshore account. With fast fund transfers and convenient operations, investors can easily participate in global high-quality IPO opportunities and grasp the trend of integration between the crypto and traditional financial markets.
You may also like

10 Counterintuitive Insights on Latin American Payments

Perp DEX: The Next Generation Exchange "War"

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

The impossible triangle is simply a pseudo problem

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Blockchain Capital Partner: The Core Secret of Arbitrage

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?






