Fold to Commence Trading on Nasdaq on February 19, 2025
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 ha annunciato che le sue azioni ordinarie e i warrant inizieranno a essere scambiati sul Nasdaq Capital Market il 19 febbraio 2025, sotto i simboli 'FLD' e 'FLDDW'. L'annuncio segue il completamento della sua combinazione aziendale il 14 febbraio 2025, quando FTAC Emerald Acquisition Corp. è stata rinominata in Fold Holdings.
La società, che detiene oltre 1.000 bitcoin nella sua tesoreria aziendale, si posiziona come pioniere nei servizi finanziari legati al bitcoin. Il CEO Will Reeves ha espresso ottimismo riguardo alla quotazione, affermando che aiuterà a realizzare la loro visione di costruire servizi finanziari basati su bitcoin e ad ampliare l'accesso dei clienti alla creazione di ricchezza attraverso i premi in bitcoin.
Fold Holdings anunció que sus acciones comunes y warrants comenzarán a cotizar en el Nasdaq Capital Market el 19 de febrero de 2025, bajo los símbolos 'FLD' y 'FLDDW'. El anuncio sigue a la finalización de su combinación empresarial el 14 de febrero de 2025, cuando FTAC Emerald Acquisition Corp. fue renombrada como Fold Holdings.
La compañía, que posee más de 1,000 bitcoin en su tesorería corporativa, se posiciona como pionera en servicios financieros de bitcoin. El CEO Will Reeves expresó optimismo sobre la cotización, afirmando que ayudará a avanzar en su visión de construir servicios financieros basados en bitcoin y expandir el acceso de los clientes a la creación de riqueza a través de recompensas en bitcoin.
폴드 홀딩스는 자사의 보통주와 워런트가 2025년 2월 19일 나스닥 자본 시장에서 'FLD'와 'FLDDW' 기호로 거래를 시작한다고 발표했습니다. 이 발표는 2025년 2월 14일 FTAC 에메랄드 인수 회사가 폴드 홀딩스로 이름이 변경된 후 이루어졌습니다.
회사는 기업 재무에 1,000 비트코인 이상을 보유하고 있으며, 비트코인 금융 서비스의 선구자로 자리매김하고 있습니다. CEO 윌 리브스는 상장에 대한 낙관적인 입장을 표명하며, 이는 비트코인 기반 금융 서비스를 구축하고 고객이 비트코인 보상을 통해 부를 창출할 수 있도록 접근성을 확대하는 비전을 실현하는 데 도움이 될 것이라고 말했습니다.
Fold Holdings a annoncé que ses actions ordinaires et warrants commenceront à être négociés sur le Nasdaq Capital Market le 19 février 2025, sous les symboles 'FLD' et 'FLDDW'. Cette annonce fait suite à l'achèvement de sa combinaison d'affaires le 14 février 2025, lorsque FTAC Emerald Acquisition Corp. a été renommée Fold Holdings.
L'entreprise, qui détient plus de 1 000 bitcoins dans sa trésorerie d'entreprise, se positionne comme un pionnier dans les services financiers liés au bitcoin. Le PDG Will Reeves a exprimé son optimisme concernant la cotation, affirmant que cela aidera à faire avancer leur vision de construire des services financiers basés sur le bitcoin et d'élargir l'accès des clients à la création de richesse grâce aux récompenses en bitcoin.
Fold Holdings gab bekannt, dass ihre Stammaktien und Warrants am Nasdaq Capital Market am 19. Februar 2025 unter den Symbolen 'FLD' und 'FLDDW' gehandelt werden. Die Ankündigung folgt dem Abschluss ihrer Unternehmenszusammenlegung am 14. Februar 2025, als FTAC Emerald Acquisition Corp. in Fold Holdings umbenannt wurde.
Das Unternehmen, das über 1.000 Bitcoin in seiner Unternehmensreserve verfügt, positioniert sich als Pionier im Bereich der Bitcoin-Finanzdienstleistungen. CEO Will Reeves äußerte Optimismus über die Listung und erklärte, dass dies dazu beitragen werde, ihre Vision zu verwirklichen, Bitcoin-basierte Finanzdienstleistungen aufzubauen und den Kunden den Zugang zur Vermögensbildung durch Bitcoin-Prämien zu erleichtern.
- Nasdaq Capital Market uplisting, providing increased visibility and potential liquidity
- Holds over 1,000 bitcoin in corporate treasury, demonstrating significant crypto assets
- Successful completion of business combination, indicating strategic growth
- None.
Insights
Fold's Nasdaq listing through a completed SPAC merger marks a pivotal development in the cryptocurrency financial services landscape. The company's significant bitcoin treasury position of over 1,000 BTC demonstrates strong conviction in its core business model and provides a substantial capital buffer for operations and potential expansion.
The transition to public markets carries several strategic implications. First, it provides Fold with enhanced access to capital markets and institutional investors, potentially accelerating its growth in the competitive bitcoin rewards space. Second, the Nasdaq listing brings increased transparency requirements and regulatory oversight, which could strengthen investor confidence in cryptocurrency-based financial services companies.
The timing of this listing is particularly noteworthy, coinciding with growing institutional acceptance of bitcoin and increased demand for cryptocurrency-based financial products. As one of the few publicly-traded companies focused on bitcoin rewards and services, Fold is positioning itself at the intersection of traditional finance and cryptocurrency innovation.
The company's business model of providing bitcoin-based financial services and rewards programs addresses a growing market need for cryptocurrency exposure through everyday financial activities. This approach could prove particularly attractive to both retail and institutional investors seeking regulated exposure to the cryptocurrency sector without direct digital asset ownership.
However, investors should note that as a newly public company in the volatile cryptocurrency sector, Fold will face unique challenges, including potential regulatory scrutiny, market volatility, and the need to maintain competitive advantages in a rapidly evolving industry. The success of its public market debut will likely depend on its ability to execute its growth strategy while managing the complexities of being a public company in the cryptocurrency space.
With over 1,000 bitcoin in its corporate treasury, Fold is building the financial products of tomorrow amid a wave of global bitcoin adoption
“We believe this transformative business combination better positions Fold to advance our vision of building a gateway to bitcoin-based financial services and expanding access to wealth creation for our customers,” said Will Reeves, Chief Executive Officer of Fold. “We are excited to list on Nasdaq and look forward to continuing on our mission to expand access to bitcoin rewards and financial services as a public company.”
About Fold
Fold is a leading bitcoin financial services company dedicated to expanding access to bitcoin investment opportunities through premium financial products. By integrating bitcoin into everyday financial services, Fold aims to make the American Dream available to more people. For more information, visit https://foldapp.com/investors.
Forward-Looking Statements
The information in this press release includes “forward-looking statements” within the meaning of the federal securities laws with respect to the anticipated benefits of the business combination. Forward-looking statements may be identified by the use of words such as “may,” “could,” “would,” “should,” “predict,” “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include the potential benefits of the business combination and the potential success of Fold’s market and growth strategies. These statements are based on assumptions and on the current expectations of Fold’s management and are not predictions of actual performance. Many actual events and circumstances are beyond the control of Fold. These forward-looking statements are subject to a number of risks and uncertainties, including: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the failure to realize the anticipated benefits of the business combination; (iii) the effect of the consummation of the business combination on Fold’s business relationships, performance, and business generally; (iv) the ability to implement business plans and other expectations after the completion of the business combination, and identify and realize additional opportunities; (v) the risk of downturns, new entrants and a changing regulatory landscape in the highly competitive industry in which Fold operates; and (vi) those factors discussed in Fold’s filings with the Securities and Exchange Commission. If any of these risks materialize or Fold’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. While Fold may elect to update these forward-looking statements at some point in the future, each specifically disclaims any obligation to do so, except as required by law.
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Investors and Media
Fold@icrinc.com
Source: Fold Holdings, Inc.
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