BiyaPay analyst: Following Circle, the US stock market will usher in a heavyweight IPO, and Silicon Valley's "design artifact" Figma will step onto the capital stage

BlockBeats News: On July 31st, cloud based collaborative design platform Figma (code: FIG) officially landed on the New York Stock Exchange on Wednesday Eastern Time. The IPO price was $33 per share, higher than the original plan range, and oversubscribed by 30 times, raising over $1.2 billion and a fully diluted valuation of $19.5 billion, making it one of the most anticipated US stock IPOs of the year. Figma was previously planned to be acquired by Adobe for $20 billion, but due to unsuccessful antitrust reviews, the company has now independently stepped onto the capital stage with strong profitability and 13 million monthly active users worldwide. In the fiscal year 2024, the company's revenue reached 749 million US dollars, a year-on-year increase of 48%, and it has achieved profitability, entering the "SaaS Profit Club". The successful listing of Figma has injected confidence into US technology stocks, indicating that the recovery of the IPO market is accelerating. The current period is a critical window for the market to reprice AI, collaboration tools, and design software. Through BiyaPay, investors can directly trade popular US stocks such as Figma and Hong Kong stock assets using USDT, without the need to open offshore accounts. The funds are received quickly and the operation is convenient, making it easy to participate in high-quality global IPO opportunities and seize the trend of the integration of cryptocurrency and traditional financial markets.