Welcome to our dedicated page for Fold Holdings news (Ticker: FLD), a resource for investors and traders seeking the latest updates and insights on Fold Holdings stock.
Fold Holdings, Inc (FLD) operates at the forefront of bitcoin-integrated financial services, offering innovative solutions that bridge digital currency with everyday consumer finance. This dedicated news hub provides investors and industry observers with essential updates about the company's strategic developments in cryptocurrency applications.
Access real-time announcements including earnings reports, product enhancements, and partnership agreements. Our curated collection serves as a reliable resource for understanding FLD's role in advancing practical bitcoin usage through secure digital wallets and consumer-focused financial tools.
Explore updates on regulatory compliance milestones, technology integrations, and market expansion efforts. All content is maintained to reflect FLD's commitment to making cryptocurrency accessible while maintaining rigorous security standards across its financial platforms.
Bookmark this page for ongoing insights into how Fold Holdings continues shaping the intersection of traditional finance and blockchain innovation. Return regularly to stay informed about new developments in bitcoin utility and consumer financial product evolution.
Fold Holdings (NASDAQ: FLD) has significantly expanded its bitcoin treasury by adding 475 bitcoin, bringing its total holdings to over 1,485 BTC. The acquisition was completed through a convertible note with a conversion price of $12.50 per share, representing a 100% premium to FLD's closing price on March 5, 2025.
This strategic move positions Fold among the top ten U.S. public companies with the largest bitcoin treasuries. The company, as the first publicly traded bitcoin financial services firm, aims to strengthen its position in building bitcoin-powered financial services and bridge traditional finance with the bitcoin economy.
The expanded bitcoin treasury serves two key purposes: providing value to investors seeking bitcoin exposure and acting as a strategic reserve to support Fold's growing suite of bitcoin-native financial products. The company continues its mission as nations, including the U.S., increasingly adopt bitcoin as a strategic reserve asset.
Fold Holdings (NASDAQ: FLD) has expanded its bitcoin treasury with the purchase of 10 additional bitcoin at an average price of $87,500 per bitcoin, including fees and expenses. The company now holds over 1,000 Bitcoin in its corporate treasury, positioning itself among the top 15 corporate bitcoin treasuries in the United States.
The purchase follows Fold's recent public listing on Nasdaq under the ticker 'FLD', offering investors exposure to the company's vision of bitcoin as a standard for savings. CEO Will Reeves affirmed the company's commitment to integrating bitcoin into their business and treasury strategy, indicating plans for continued opportunistic accumulation.
Fold Holdings announced its common stock and warrants will begin trading on the Nasdaq Capital Market on February 19, 2025, under the symbols 'FLD' and 'FLDDW'. The announcement follows the completion of its business combination on February 14, 2025, when FTAC Emerald Acquisition Corp. was renamed to Fold Holdings.
The company, which holds over 1,000 bitcoin in its corporate treasury, positions itself as a pioneer in bitcoin financial services. CEO Will Reeves expressed optimism about the listing, stating it will help advance their vision of building bitcoin-based financial services and expanding customer access to wealth creation through bitcoin rewards.
Fold Holdings has completed its business combination with FTAC Emerald Acquisition Corp., following shareholder approval on February 13, 2025. The combined company will begin trading on Nasdaq under the symbols 'FLD' and 'FLDDW' around February 19, 2025. Fold, a bitcoin financial services company, holds over 1,000 bitcoin in its corporate treasury and focuses on providing bitcoin investment opportunities through premium financial products.
The company's CEO, Will Reeves, emphasized that becoming a public company strengthens their position to advance their vision of building a gateway to bitcoin-based financial services and expanding customer access to wealth creation. Cohen & Company Capital Markets is serving as financial advisor, while Latham & Watkins LLP and Stevens & Lee PC are acting as legal advisors.
Fold, in partnership with Visa, announced the launch of their Bitcoin Rewards Credit Card, offering up to 2% unlimited bitcoin rewards and up to $250 in bonuses. The card combines traditional credit card features with bitcoin rewards, aiming to establish bitcoin as a primary savings asset.
The card provides users with zero-fee bitcoin trading, insured bitcoin custody, FDIC-insured transactional accounts, and exclusive merchant offers. Fold's existing debit card products have attracted over 600,000 users and processed more than $2.5 billion in transactions.
Standard members will earn 1.5% unlimited bitcoin rewards and up to $100 bonus, while Fold+ members receive 2% rewards, up to $250 in bonuses, and a premium metal card. The company has already distributed nearly $75 million in bitcoin rewards to debit card users. Fold is preparing to list on NASDAQ and holds over 1,000 bitcoin in reserves.
Fold, a bitcoin financial services company, and FTAC Emerald Acquisition Corp (OTC: FLDD) have rescheduled their special stockholders meeting to February 13, 2025 to vote on their proposed business combination. The meeting will address the merger that will create Fold Holdings, Inc., which plans to list on Nasdaq under the symbols 'FLD' and 'FLDDW' for common stock and warrants respectively.
The deadline for FTAC public stockholders to exercise redemption rights was set for February 10, 2025. The FTAC board recommends stockholders vote 'FOR' all proposals. The business combination is expected to close shortly after the special meeting, subject to stockholder approvals and other customary closing conditions.
Fold, the leading bitcoin rewards card provider, has expanded its collaboration with Visa to enhance its bitcoin rewards card programs. The partnership covers Fold's debit card program and upcoming credit card products, utilizing Visa's shared services and incentives. Fold has achieved significant milestones with over 600K customers and $2.5B in transaction volume, delivering more than $70 million in bitcoin rewards to customers.
The company operates within a comprehensive personal finance ecosystem, offering features like bitcoin purchases, early paycheck deposits, and automatic round-ups. Recently recognized by Forbes as the #1 debit card for bitcoin rewards, Fold aims to revolutionize the rewards market in an industry where credit and debit card volumes reach nearly $11 trillion in the US. The company holds $100 million in bitcoin treasury, recently secured a $30 million growth round led by ATW, and plans to become the first publicly-traded bitcoin financial services company on NASDAQ.
Fold, Inc. and FTAC Emerald Acquisition Corp. (OTC: FLDD) announced significant progress in their proposed business combination. The SEC has declared effective their Registration Statement on Form S-4 on January 23, 2025. A special meeting has been scheduled for February 12, 2025, where stockholders will vote on the business combination proposals.
Upon closing, the combined entity will be renamed to Fold Holdings, Inc. and is expected to re-list on Nasdaq under the ticker 'FLD'. Public stockholders have until February 10, 2025 (12:00 p.m. ET) to exercise their redemption rights. The FTAC board recommends stockholders vote 'FOR' all proposals.
FTAC Emerald Acquisition Corp. (Nasdaq: FLD) has scheduled a virtual Special Meeting of Stockholders for December 17, 2024, at 11:00 a.m. Eastern Time. The primary purpose is to vote on proposals facilitating the company's proposed business combination with Fold, Inc., including extending the completion deadline to December 20, 2025.
Stockholders of record as of November 13, 2024, will be eligible to vote. The company's Board unanimously recommends voting 'FOR' all proposals. According to President and CEO Bracebridge Young, Jr., they aim to complete the business combination with Fold early in 2025.
FTAC Emerald Acquisition Corp (NASDAQ: FLD) announced a ticker symbol change for its Common Stock to FLDD, effective December 18, 2024. As part of a procedural measure due to Nasdaq timing requirements, trading will temporarily transition to OTC Markets. This change won't affect the ongoing business combination with Fold, a bitcoin financial services company. The merger, unanimously approved by both boards, is expected to close in Q1 2025, resulting in relisting on Nasdaq.
The business combination remains subject to regulatory approvals, FTAC Emerald stockholder approval, and other customary closing conditions, including SEC Form S-4 effectiveness. Both companies' leadership expressed commitment to the merger, with Fold's CEO highlighting positive responses from shareholders and customers.
