Figma is gearing up for its market debut with a potential valuation of up to $16 billion. The company aims to raise around $1.03 billion by offering nearly 37 million shares, priced between $25 and $28 each. This would give Figma an initial valuation of $13.6 billion. However, when restricted stock units and options are included, analysts believe the number could reach $16 billion or more. The offering includes shares from both Figma and existing shareholders. Pricing is expected to be finalized on July 30. Figma is widely used for its collaborative design tools, with major clients like Microsoft, Google, and Salesforce. Its products include Dev Mode, FigJam, and AI tools like Figma Make, which helps generate prototypes from user prompts. The company invested $70 million in a Bitcoin ETF and plans to add another $30 million in direct Bitcoin purchases. These moves show Figma is not just focused on design, but also future-focused investing. While this IPO marks a big moment, the valuation is still a step down from the $20 billion Adobe planned to pay before regulators blocked that acquisition. Figma continues to expand with a subscription-based model tailored to individuals, teams, and large enterprises.