Key Takeaways
- Fold Holdings will begin buying and selling on Nasdaq on Feb. 19.
- The corporate would be the first Bitcoin monetary companies agency listed on Nasdaq.
- The itemizing follows completion of Fold’s enterprise mixture with FTAC Emerald.
Fold Holdings, Inc., a pioneering Bitcoin monetary companies firm, introduced its frequent inventory and warrants will start buying and selling on the Nasdaq Capital Market on February 19, 2025, underneath the ticker symbols “FLD” and “FLDDW” respectively.
The itemizing follows the completion of Fold’s enterprise mixture with FTAC Emerald Acquisition Corp. on February 14, 2025, after which the corporate modified its title from “FTAC Emerald Acquisition Corp.” to “Fold Holdings, Inc.”
CEO assertion
Will Reeves, Chief Govt Officer of Fold, commented on the milestone:
We consider this transformative enterprise mixture higher positions Fold to advance our imaginative and prescient of constructing a gateway to bitcoin-based monetary companies and increasing entry to wealth creation for our clients. We’re excited to record on Nasdaq and look ahead to persevering with on our mission to increase entry to bitcoin rewards and monetary companies as a public firm.
Firm background
Based in 2019, Fold has established itself as a pioneer in Bitcoin-focused monetary companies, creating progressive merchandise that bridge conventional finance with Bitcoin know-how. The corporate just lately launched a waitlist for a bank card providing Bitcoin rewards.
Market context
Whereas a number of Bitcoin mining corporations and crypto exchanges are already publicly traded, Fold’s itemizing marks the primary pure-play Bitcoin monetary companies firm to affix Nasdaq.
The historic itemizing comes at a time of rising institutional acceptance of Bitcoin, as evidenced by the current success of spot Bitcoin ETFs which have attracted vital investor curiosity since their launch.