📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Canva $42B Stock Sale Ahead of IPO
Canva’s stock sale has launched at a $42 billion valuation as the Australian design platform begins an employee stock offering. This Canva stock sale allows employees to sell shares to new and existing investors, with the funding round led by Fidelity Management and JPMorgan joining as a new investor.
Canva has started letting employees sell shares in the private company to new and existing investors at a $42 Billion valuation up from the $32B it was last valued at in 2024 – Bloomberg pic.twitter.com/uqgLkPZvR9
Canva Stock Sale, $42B Valuation, IPO Readiness, and AI Tools
The Canva stock sale was launched on Wednesday, enabling current people working at the company to sell their equity holdings. This employee sale comes as the company invests heavily in Canva AI tools for its more than 240 million monthly active users.
“The funding round was significantly oversubscribed.”
**“The funding round was significantly oversubscribed.”**Also Read: Stock Market Today: Dow Jones Rises on Home Depot, Tech Slumps
**Also Read:**Stock Market Today: Dow Jones Rises on Home Depot, Tech Slumps### AI Investment Strategy
Felise Agranoff, a portfolio manager at JPMorgan Asset Management, stated:
“Identifying companies that can provide investors with pivotal exposure to breakthrough work in AI is an important pillar of our research in active management. We believe that Canva stands out in the design sector and can help create long-term value for investors.”
“Identifying companies that can provide investors with pivotal exposure to breakthrough work in AI is an important pillar of our research in active management. We believe that Canva stands out in the design sector and can help create long-term value for investors.”### IPO Preparation and Market Position
Also Read: Bank of America Says Magnificent-7 Stock Dominance is Over
Also Read:****Bank of America Says Magnificent-7 Stock Dominance is OverThe company has reported annualized revenue of $3.3 billion, which really demonstrates solid financial performance ahead of its anticipated public debut. So this Canva stock sale provides liquidity for employees while the company’s private status is being maintained at this point.