Design software giant Figma has officially filed for an IPO, but the real headline is buried in their S-1 filing: a $70 million Bitcoin ETF position that's already returned 26%. As a London-based fintech analyst with a penchant for decoding corporate crypto strategies, I break down what this means for Figma's valuation, their surprising alignment with MicroStrategy's playbook, and why this IPO could shake up both the tech and crypto markets. Spoiler: Dylan Field isn't just designing interfaces anymore.