Hoopla in front of the New York Stock Exchange decorated for the initial public offering of the collaborative design application Figma, on Thursday, July 31, 2025.
At Figma's blockbuster IPO celebration on Wall Street, free pizza, branded swag, and house music gave the scene more of a block-party swagger than the feel of a stuffy bell-ringing ceremony.
On Thursday, outside the New York Stock Exchange, what seemed like hundreds of attendees came to fete the San Francisco design software maker, which raised $1.2 billion in its rousing IPO. Figma shares opened at more than triple their initial public offering price, which could light the fuse on a comeback in high-growth tech listings.
A couple of hours into the festivities, I walked the five minutes from Business Insider's newsroom to the New York Stock Exchange and chatted with employees and investors, including Kleiner Perkins' Mamoon Hamid. Here's what I saw.
Figma's IPO popped so hard, a corporate-sponsored block party erupted on Wall Street.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
House beats blared on the usually quiet block.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
Figma employees, tourists, and Financial District workers formed a rollicking crowd.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
Revelers lined up at two free merch booths.
Melia Russell/Business Insider
FIG Mart. Get it?
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
Figma's stock trades under the ticker "FIG."
A lavender baseball cap with the word "Maker" was especially popular.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
You had to be an employee to walk away with this checkered tote, though.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
Here's a group of upbeat Figmates.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
When I complimented one employee on her jumpsuit, she confessed it was a rental. "It's giving IPO!" her coworker chirped.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
Figma nourished the crowd.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
A food truck gave away breakfast tacos from King David Tacos and pizza from Bleeker Street Pizza.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
Queens artist Greg Lamarche painted a colorful installation. He said he started at 8:45 a.m.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
This activation lets passersby scribble messages on a digital graffiti wall.
Melia Russell/Business Insider
Someone appeared to pay tribute to American designer and architect David Rockwell.
Melia Russell/Business Insider
People snapped photos with the Fearless Girl statue facing the Figma signage.
Figma throws a block party outside the New York Stock Exchange.
Melia Russell/Business Insider
Shares of Figma raced more than 200% over its IPO price of $33 in afternoon trading.
Figma throws a block party outside the New York Stock Exchange.