Figma’s opening day on the NYSE saw its stock jump 250%, ending the day at 115 USD after an initial public offering price of 33 USD. After hours, it reached as high as 143 USD.
Cathie Wood’s ARK Invest acquired 60,000 shares of Figma right during its debut, reflecting confidence in the company’s future.
Figma reported holding 70 million USD in Bitcoin ETFs and 30 million USD in USDC, highlighting its strategy to integrate cryptocurrency into its financial framework.
Leave a Reply