02:34 PM EDT, 05/13/2025 (MT Newswires) -- Morgan Stanley ( MS ) was hired as the lead firm for the initial public offering of Figma, Bloomberg reported Tuesday, citing people familiar with the matter.

The IPO could be one of this year's biggest, and the design software company has also engaged Goldman Sachs ( GS ) and Allen & Co. for the listing, the people reportedly said.

Morgan Stanley ( MS ), Goldman Sachs ( GS ), Allen and Figma did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 129.67, Change: +2.60, Percent Change: +2.05