Why Figma and Bullish Are Poised for a Strong Future in the IPO Market

As the stock market continues to evolve in 2025, newly listed companies like Figma and Bullish are emerging as standout performers, offering compelling opportunities for investors. Following a notable V-shaped market rebound, both stocks have demonstrated resilience and growth potential, bouncing over 5% in a single day. With their recent performances and innovative business models, Figma and Bullish are well-positioned to thrive, making them attractive options for those looking to capitalize on this year’s IPO wave.

Figma: A Design Powerhouse with Momentum

Figma, the collaborative design software platform, has captured the market’s attention with its impressive IPO debut earlier this year. Priced at $33 per share, the stock soared more than 250% on its first trading day, reflecting overwhelming investor enthusiasm. This surge underscores Figma’s strong fundamentals, including a 46% year-over-year revenue growth in the first quarter of 2025 and a robust user base of over 13 million monthly active users. The company’s strategic focus on integrating AI-driven tools, such as Figma Make and Figma Draw, positions it at the forefront of the design and tech innovation space.

The failed $20 billion acquisition by Adobe in 2023, which ultimately led to a $1 billion termination fee, turned out to be a blessing in disguise. This event allowed Figma to maintain its independence, double its product catalog, and go public on its own terms with a valuation now exceeding $67 billion. With 95% of Fortune 500 companies as customers and a scalable business model, Figma’s long-term growth trajectory looks promising. The recent 5%+ bounce further signals market confidence, suggesting that any short-term dips could be buying opportunities for savvy investors.

Bullish: Riding the Crypto Wave

Bullish, a cryptocurrency exchange backed by Peter Thiel, has also made a strong case for optimism following its recent IPO. Opening at $102 per share—more than double its $37 IPO price—Bullish has tapped into the renewed investor interest in crypto assets, fueled by favorable legislative moves under the current administration. This performance mirrors the success of other crypto-related IPOs like Circle, which saw significant gains, and positions Bullish as a key player in the evolving digital finance landscape.

The company’s ownership of CoinDesk, a leading crypto news platform, adds to its credibility and market influence. With institutional investors like BlackRock and Ark showing interest, Bullish benefits from a solid foundation and growing demand for crypto exposure. The recent 5%+ rebound reinforces its upward momentum, suggesting that the stock could continue to climb as the crypto market gains traction. For investors willing to embrace the volatility of this sector, Bullish offers a high-reward opportunity.

Why Now Is the Time to Invest

Both Figma and Bullish have demonstrated resilience amid market fluctuations, with their recent gains highlighting their appeal. While CoreWeave, another recent IPO, has struggled—sliding to $90—Figma and Bullish’s ability to stabilize and bounce back reflects stronger investor confidence and underlying value. The tech and crypto sectors are ripe for growth, and these companies are leveraging cutting-edge innovation to stay ahead of the curve.

Of course, investing in IPOs carries risks, including volatility and high valuations. However, for those with a long-term perspective and a tolerance for short-term swings, Figma and Bullish present compelling cases. Figma’s proven business model and Bullish’s alignment with the crypto boom suggest they are more than just fleeting market darlings—they are poised to shape their respective industries for years to come. As the market continues to rebound, keeping an eye on these stocks could pay off handsomely for forward-thinking investors.