Market Cap: $3.6132T 4.320%
Volume(24h): $192.4214B 42.780%
  • Market Cap: $3.6132T 4.320%
  • Volume(24h): $192.4214B 42.780%
  • Fear & Greed Index:
  • Market Cap: $3.6132T 4.320%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$116666.003941 USD

4.90%

ethereum
ethereum

$2965.083390 USD

6.56%

tether
tether

$1.000054 USD

-0.02%

xrp
xrp

$2.585927 USD

6.69%

bnb
bnb

$690.112036 USD

2.96%

solana
solana

$164.988383 USD

4.25%

usd-coin
usd-coin

$0.999842 USD

-0.03%

dogecoin
dogecoin

$0.198535 USD

9.78%

tron
tron

$0.295131 USD

1.35%

cardano
cardano

$0.689170 USD

10.48%

hyperliquid
hyperliquid

$44.212099 USD

6.22%

sui
sui

$3.495972 USD

11.88%

chainlink
chainlink

$15.411125 USD

7.46%

bitcoin-cash
bitcoin-cash

$521.132419 USD

1.60%

stellar
stellar

$0.305089 USD

3.94%

Cryptocurrency News Articles

Figma, Bitcoin, and IPOs: A New Era for Tech and Crypto?

Jul 02, 2025 at 04:33 am

Figma's Bitcoin ETF holdings and IPO filing signal a convergence of tech and crypto. This article explores the trend of companies embracing Bitcoin as a strategic asset.

Figma, Bitcoin, and IPOs: A New Era for Tech and Crypto?

The tech and crypto worlds are colliding! Figma's recent IPO filing, revealing significant Bitcoin ETF holdings, highlights a growing trend: companies embracing Bitcoin as a strategic reserve asset.

Figma's Bitcoin Bet and IPO Buzz

Design software giant Figma is making waves. Their S-1 filing with the SEC not only signals an impending IPO under the ticker "FIG" on the NYSE but also reveals a substantial investment in Bitcoin ETFs. As of March 31, 2025, they held $69.5 million in spot Bitcoin ETFs. Further solidifying their commitment, Figma's board approved an additional $30 million Bitcoin investment plan on May 8, 2025, initially purchasing USDC for conversion.

A Wider Trend: Crypto-Aligned Firms Go Public

Figma's move isn't happening in a vacuum. Companies like Coinbase, Circle, and Robinhood have seen impressive year-to-date performance. MicroStrategy, famous for its massive Bitcoin holdings, is rallying with analysts predicting a high chance of S&P 500 inclusion based on earnings and Bitcoin's price support. This suggests a broader acceptance of crypto within publicly listed companies.

The Indonesian Crypto Exchange IPO: COIN Makes History

Zooming out, the trend extends globally. PT Indokripto Koin Semesta (COIN) just secured approval for its IPO in Indonesia, becoming the first crypto exchange to go public there. This signifies growing mainstream acceptance and investor interest in the crypto sector, particularly in emerging markets with a rising middle class and a need for diversified investments.

The Risks and Rewards

While this institutional acceptance is encouraging, concerns exist. Centralization of Bitcoin holdings among large corporations could influence price movements. Additionally, the crypto space remains volatile and highly speculative. Individual investors should proceed with caution and do their own research before investing.

My Two Satoshis

Figma's foray into Bitcoin, alongside the success of other crypto-related IPOs, signals a maturing market. It suggests that companies are increasingly viewing Bitcoin not just as a speculative asset, but as a legitimate strategic reserve. The Indonesian crypto exchange IPO further validates this trend on a global scale. However, as with any investment, due diligence and a clear understanding of the risks involved are paramount. The disclosure of the Casascius bar redemption highlights a key risk in the crypto world. 'JohnGalt' held onto the 100 BTC for 13 years, but lost over $40,000 in Bitcoin Cash by revealing the private key online without first claiming BCH.

The Future is Crypto-Curious

So, what does this all mean? It seems the worlds of tech and crypto are becoming increasingly intertwined. Whether you're a seasoned Bitcoin bull or just crypto-curious, these developments are worth watching. Buckle up, it's going to be an interesting ride!

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jul 12, 2025