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Figma IPO launches at $19.3B market valuation

Figma IPO launches at $19.3B market valuation

Figma debuted on the public market with a valuation of $19.3 billion (approx. 243.5 trillion UZS), according to TechCrunch.com.

The California-based design platform raised significant capital through its IPO, attracting strong investor interest.

The valuation reflects Figma’s influence in the market and its potential for future growth.

Figma is known for its browser-based platform that allows collaborative interface design and prototyping.

The company was previously set to be acquired by Adobe for $20 billion, but the deal was canceled due to antitrust scrutiny.

Its IPO marks a key step in Figma’s strategy to remain independent and grow on its own.

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News » Technology » Figma IPO launches at $19.3B market valuation