Figma's highly anticipated IPO resulted in a significant surge in its stock price, leading to a market capitalization that quickly reached $45 billion. This reflects strong investor confidence and the growing demand for design tools in the tech industry.

Figma's recent IPO has led to a significant boost for venture capital firms, with four major firms collectively holding approximately $24 billion in stock. The company's shares soared 250% on their first trading day, contrasting sharply with the subdued tech IPO market of recent years, and highlighting a potential resurgence in investor confidence.

Figma's stock surged over 250% during its debut on the NYSE, reaching a closing price of $115.50 after an initial offering price of $33. This strong performance signals a revival in the tech IPO market, following a downturn caused by rising inflation and interest rates, and comes after a failed acquisition by Adobe due to regulatory concerns.