Software manufacturer Figma has registered for an initial public offering (IPO) and announced that it holds $69.5 million in a Bitcoin exchange-traded fund (ETF).

The SEC listing indicates that the company intends to list its shares on the New York Stock Exchange with a new stock symbol of FIG to provide traders with a new technology stock that blends digital assets.

In 2024, Figma invested $55 million in the Bitwise Bitcoin ETF. As of March 31, 2025, this investment had increased to $69.5 million. This step demonstrates how Figma is ready to explore crypto markets beyond just holding cash reserves.

Investors who want exposure to both digital software expansion and Bitcoin may find Figma’s stock interesting and exclusive. Besides its Bitcoin ETF share, the board of directors authorized a $30 million Bitcoin deal but ended up investing that money in USD Coin, a well-liked stablecoin.

Figma’s actions show its flexibility in relation to treasury management and its confidence in digital assets as part of its long-term expansion strategy.

When it comes to revenue, Figma earned $228.2 million in the first quarter of 2025, which was a 46% growth compared to the previous year. There was an increase in net income, too, with $44.9 million compared to $13.5 million registered last year.

There are more than 1,000 large customers of the company, such as Amazon, Google, Microsoft, and Netflix, each spending not less than $100,000 per year. Over 50% of Figma’s revenue is earned outside the US, which is proof of its universal popularity.

Figma is used by more than 13 million people each month, with only a third of them being professional designers. Such a broad presence makes its stock appealing to investors seeking a globally expanding company.

The CEO of Figma, Dylan Field, explained that the decision to go public would allow the company to achieve greater success. This includes new acquisitions and the launching of new products.

Figma offers a combination of exposure to tech development and digital assets. Its stock holding of the Bitcoin ETF gives it a rare attraction in the open market.

Figma has not yet mentioned the number of shares it intends to sell or their price. Its good financial history and cryptocurrency investment could create huge demand once it starts trading.

FIG is a tech stock many investors will want to keep an eye on as a potential new tech investment with the advantage of Bitcoin.

As reported earlier by U.Today, suggests that Crypto ETF summer has kicked off following the approval of Grayscale’s multi-token offering.