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. (NASDAQ: FLD) is a bitcoin financial services company that regularly issues news on product launches, partnerships, financial results, and capital markets developments. As the first publicly traded bitcoin financial services company, Fold’s updates focus on how it is making it easier for individuals and businesses to earn, save, and use bitcoin through everyday financial tools.
News coverage for FLD includes announcements about the Fold App, the Fold Card and Fold Debit Card, the Fold Bitcoin Gift Card™, and the upcoming Fold Bitcoin Rewards Credit Card™. Press releases highlight new distribution channels for the Fold Bitcoin Gift Card, such as availability on Giftcards.com and through Blackhawk Network’s digital retail ecosystem, as well as in-store access at Kroger brand locations and promotional campaigns with partners like Steak ’n Shake.
Investors and followers of Fold can also expect regular earnings releases detailing quarterly revenue, transaction volumes, active and verified accounts, and updates on the company’s bitcoin investment treasury. The company reports on financing milestones, including an equity purchase facility, a bitcoin-collateralized credit facility, and amendments to loan agreements that affect its liquidity and treasury strategy.
Index-related and regulatory news is another key theme, such as Fold’s inclusion in the Russell 2000 Index and SEC filings reporting material events. Together, these updates provide insight into how Fold is expanding its product suite, scaling distribution, and managing its bitcoin-focused balance sheet. For anyone tracking FLD, this news page offers a centralized view of the company’s operational progress, partnerships, and capital markets activity over time.
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.