Figma, a collaborative design platform, has announced the world's first on-chain IPO using tokenized stocks. This move could significantly alter traditional methods of corporate financing and open new horizons for the real asset sector.
On-Chain IPO: A Financial Revolution
Traditional IPOs often require significant time and resources, including multiple intermediaries, resulting in high costs. Figma's on-chain IPO model offers the ability to issue shares in tokenized form, allowing investors to conduct trades around the clock. This also lowers the entry threshold for investors and enhances the transparency of all transactions.
Reasons for Choosing On-Chain IPO
Figma aims to reduce issuance costs as traditional underwriting fees range from 3% to 7%, whereas on-chain fees can be reduced to below 1%. Additionally, tokenized stocks provide superior liquidity through the possibility of 24/7 trading and foster stronger connections with users, as stockholders become company shareholders.
Impact on the RWA Sector
Figma's on-chain IPO could significantly influence the RWA sector. Being the first of its kind, it may serve as a template for many other companies, compelling them to consider tokenization. Figma's success may attract traditional financial institutions to blockchain technologies and open new opportunities in this vast market.
Figma's on-chain IPO marks an important milestone in corporate financing and represents a step toward financial democratization. This innovation is expected to inspire other companies to take similar steps and lead to new possibilities in financial markets.
