According to Wu, Figma, a design software company, has officially submitted its IPO documents to the U.S. SEC, planning to issue approximately 40 million shares at a price of $25–28 per share, potentially raising up to $1 billion, with a maximum valuation of $16.5 billion (fully diluted). Figma disclosed in the documents that it currently holds approximately $70 million in Bitcoin ETF and plans to make additional investments in the coming months. Additionally, the company has been authorized to issue Blockchain Common Stock.

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