Fold Holdings is about to grow to be the primary Bitcoin monetary providers firm to commerce on the Nasdaq inventory alternate following the completion of its enterprise mixture with FTAC Emerald Acquisition Corp., permitted by FTAC shareholders on Feb. 13.
The merged entity will function as Fold Holdings, with its frequent inventory and warrants anticipated to start buying and selling below the symbols “FLD” and “FLDDW” on Feb. 19, pending remaining itemizing approval.
“Six years in the past, we launched into a mission to increase entry to bitcoin funding alternatives by means of premium monetary merchandise,” mentioned Will Reeves, co-founder and CEO of Fold. “Since then, we’ve got achieved vital scale due to the assist of our devoted workers, companions, and traders, main us to this thrilling second in our firm’s historical past.”
Reeves referred to as the Nasdaq debut a historic second in a press release on X right this moment, and Bitcoin bull Michael Saylor provided his congratulations. Saylor’s Technique simply debuted on the Nasdaq-100 on Dec. 23, 2024.
Fold makes historical past tomorrow— debuting on Nasdaq as the primary Bitcoin monetary providers firm to go public and one of many world’s high 25 Bitcoin treasuries.https://t.co/cffcs8uUcC
— WILL REEVES (@wlrvs) February 18, 2025
Based in 2019, Fold goals to increase entry to Bitcoin funding alternatives by means of monetary merchandise. The corporate at the moment holds 1,000 BTC, valued at round $94 million at present market costs, in response to information from Bitcoin Treasuries.
