On May 8, Figma's board approved a $30 million investment in bitcoin (BTCUSD). It initially used the money to purchase $30 million in the USDC stablecoin (USDCUSD), which is issued by Circle Internet.

Figma aims to raise up to $1.03 billion in an IPO that could value the design firm at $13.6 billion, following its scrapped ...