BiyaPay Analyst: Following Circle, the US stock market will welcome a heavyweight IPO as Silicon Valley's "design tool" Figma takes the stage.

BlockBeats news, on July 31, the cloud-based collaboration design platform Figma (code: FIG) officially logged in to the New York Stock Exchange on Wednesday, Eastern Time, with an IPO pricing of $33 per share, higher than the originally planned range, and oversubscribed 30 times, raising over $1.2 billion, with a fully diluted valuation of $19.5 billion, making it one of the most anticipated U.S. IPOs of the year. Figma was previously planned to be acquired by Adobe for $20 billion, but due to unsuccessful antitrust reviews, the company now stands independently on the capital stage, thanks to its strong profitability and 13 million monthly active users worldwide. In fiscal year 2024, the company's revenue reached $749 million, a year-on-year increase of 48%, and it has achieved profitability, joining the "SaaS Profit Club." Figma's successful listing also injects confidence into U.S. tech stocks, signaling that the IPO market recovery is accelerating. Currently, it is a critical window for the market to revalue AI, collaboration tools, and design software. Through BiyaPay, investors can directly trade popular U.S. IPOs and Hong Kong stock assets like Figma using USDT without the need to open an offshore account, with fast fund arrival and convenient operations, easily participating in global quality IPO opportunities and grasping the trend of integration between encryption and traditional finance.