Figma’s Big Bitcoin Bet as It Prepares to Go Public

Design software company Figma has shared in a filing that it owns almost $70 million in Bitcoin exchange-traded funds (ETFs) and has set aside $30 million in stablecoins to buy Bitcoin.

Figma sent paperwork to the U.S. Securities and Exchange Commission (SEC) on Tuesday, because it plans to become a public company on the New York Stock Exchange. The company wants its stock to trade under the symbol “FIG.” The filing showed details about Figma’s current financial situation.

According to the filing, Figma put $55 million into the Bitwise Bitcoin ETF (BITB) on March 3, 2024. By the end of March, this investment was worth $69.5 million, giving Figma a 26% unrealized gain.

Figma said it owns $30 million worth of the stablecoin USDC. The company plans to use this money to buy Bitcoin in the future.

“On May 8, 2025, our Board of Directors approved a $30 million Bitcoin investment. After that, we bought 30 million USDC for $1 each, spending a total of $30 million. We plan to use these stablecoins to buy Bitcoin later.”

Figma

Adobe failed to acquire Figma

In 2022, Adobe, the big design software company listed on Nasdaq, tried to buy Figma for $20 billion. But regulators in Europe and the UK stopped the deal.

They were worried that Adobe might become too powerful, a monopoly, and that the price was too high.

In December 2023, the deal was officially canceled. Adobe had to pay Figma $1 billion in cash as a penalty for ending the deal.

Figma is showing strong growth and bold plans. The company is preparing to go public, investing in Bitcoin, and focusing on its future without Adobe. With nearly $70 million in Bitcoin ETFs and $30 million ready to buy Bitcoin, Figma is betting big on digital assets as it enters the stock market on its own.

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Mohamed Hussein

With a BA in Journalism and over 11 years of experience in Arabic and English media, I bring a newsroom mindset to the fast-paced world of crypto content. From breaking news to in-depth features, I’ve worked across leading platforms. Today, as a content writer in the Web3 space, I aim to make complex topics like blockchain, crypto, and digital innovation accessible to a wider audience, without compromising clarity or credibility.
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