FTAC EMERALD ACQUISITION Stock Price, News & Analysis

Fold Holdings, Inc. is described as a bitcoin financial services company focused on expanding access to bitcoin investment opportunities through premium financial products. According to company statements, Fold integrates bitcoin into everyday financial services with the goal of making bitcoin a core part of personal savings and wealth-building for its users.

Fold traces its origins to 2019, when it began developing products that allow consumers to earn and use bitcoin in the course of routine financial activity. The company highlights that it maintains a corporate treasury that includes bitcoin holdings and positions itself as a business that combines elements of traditional finance with bitcoin-focused rewards and services.

Across multiple disclosures, Fold characterizes itself as a bitcoin rewards and financial services platform. It emphasizes products that allow users to earn bitcoin on spending and to interact with bitcoin through accounts and card programs. The company presents its mission as expanding access to bitcoin investment opportunities and enabling individuals to pursue wealth creation using bitcoin-denominated rewards and services.

Fold has also been involved in a business combination with FTAC Emerald Acquisition Corp., a special purpose acquisition company. Following the completion of that combination, the combined company operates under the name Fold Holdings, Inc. Company communications state that Fold expects its common stock and warrants to trade on the Nasdaq Capital Market under separate ticker symbols, while FTAC Emerald had previously traded under the symbol FLDD on the over-the-counter market in connection with the business combination process.

In its public materials, Fold repeatedly describes itself as a bitcoin financial services company and a bitcoin rewards and financial services platform. It highlights its focus on premium financial products tied to bitcoin, its use of bitcoin within everyday financial services, and its intent to broaden access to bitcoin as a savings and investment asset for a wide audience.

Business focus

Based on the company’s own descriptions, Fold’s business focus centers on financial products that incorporate bitcoin rewards and bitcoin-related features. It presents these products as a way for users to earn bitcoin in the course of normal financial activity and to build bitcoin-denominated savings over time.

The company describes itself as dedicated to expanding access to bitcoin investment opportunities and to integrating bitcoin into everyday financial services. It emphasizes premium financial products and card-based rewards programs as key elements of this approach. Fold also notes that it maintains bitcoin in its corporate treasury and that it is working to build a sizable bitcoin treasury among public companies.

Corporate history and structure

Fold states that it was founded in 2019. It later entered into a business combination agreement with FTAC Emerald Acquisition Corp., a special purpose acquisition company sponsored by Cohen Circle. The stated purpose of FTAC Emerald was to complete a merger or similar business combination with one or more businesses that have a core commitment to providing social, financial, and/or environmental value.

Company announcements indicate that FTAC Emerald’s shareholders approved the business combination with Fold, and that the combined company would operate as Fold Holdings, Inc. Following the closing of the transaction, Fold Holdings, Inc. communicated that its common stock and warrants were expected to trade on the Nasdaq Capital Market under new ticker symbols distinct from FTAC Emerald’s prior over-the-counter symbol FLDD.

Role of bitcoin in Fold’s model

In its public communications, Fold consistently presents bitcoin as central to its model. It describes itself as a bitcoin financial services company and a bitcoin rewards and financial services platform. Fold states that it aims to make bitcoin accessible and rewarding for users, positioning bitcoin as a potential savings asset within personal finance.

The company also notes that it has held bitcoin in its corporate treasury and that it is working to build a significant bitcoin treasury among public companies. This approach is presented as aligned with its broader mission to integrate bitcoin into everyday financial services and to expand access to bitcoin investment opportunities.

Relationship to FTAC Emerald Acquisition Corp. and the FLDD symbol

FLDD is associated in public disclosures with FTAC Emerald Acquisition Corp., which is described as a special purpose acquisition company formed to pursue a business combination. FTAC Emerald entered into a business combination agreement with Fold, and upon completion of that transaction, the combined company operates as Fold Holdings, Inc.

Communications regarding the transaction state that, after closing, the combined company’s common stock and warrants are expected to trade on the Nasdaq Capital Market under new ticker symbols specific to Fold Holdings, Inc. FTAC Emerald’s prior trading symbol FLDD is therefore tied to the SPAC phase of the company’s history and to the period leading up to the completion of the business combination with Fold.

Position within financial services

Fold describes itself as a bitcoin financial services company and as a bitcoin rewards and financial services platform. It emphasizes premium financial products, card-based rewards programs, and the integration of bitcoin into everyday financial services. The company presents its mission as expanding access to bitcoin investment opportunities and enabling individuals to pursue wealth creation using bitcoin-focused rewards and services.

FAQs about Fold Holdings, Inc. and FLDD

• What is Fold Holdings, Inc.?
  Fold Holdings, Inc. is described as a bitcoin financial services company that focuses on expanding access to bitcoin investment opportunities through premium financial products and the integration of bitcoin into everyday financial services.
• When was Fold founded?
  Company materials state that Fold was founded in 2019.
• How does Fold describe its business model?
  Fold characterizes itself as a bitcoin financial services company and a bitcoin rewards and financial services platform, emphasizing premium financial products and card-based rewards programs that incorporate bitcoin.
• What role does bitcoin play in Fold’s strategy?
  Fold presents bitcoin as central to its strategy, focusing on bitcoin rewards, bitcoin investment opportunities, and the integration of bitcoin into everyday financial services. It also notes that it maintains bitcoin in its corporate treasury.
• What is the relationship between Fold and FTAC Emerald Acquisition Corp.?
  FTAC Emerald Acquisition Corp. is described as a special purpose acquisition company that entered into a business combination agreement with Fold. After shareholder approval and closing, the combined company operates as Fold Holdings, Inc.
• What does the FLDD ticker represent?
  Public disclosures associate FLDD with FTAC Emerald Acquisition Corp., the special purpose acquisition company that pursued a business combination with Fold. Following the transaction, the combined company’s common stock and warrants are expected to trade on the Nasdaq Capital Market under new ticker symbols specific to Fold Holdings, Inc.
• What is FTAC Emerald Acquisition Corp.’s stated purpose?
  FTAC Emerald Acquisition Corp. is described as a special purpose acquisition company formed to complete a merger or similar business combination with one or more businesses that have a core commitment to providing social, financial, and/or environmental value.
• How does Fold describe its mission?
  Fold states that its mission is to expand access to bitcoin investment opportunities through premium financial products and to integrate bitcoin into everyday financial services, with the aim of making bitcoin accessible and rewarding for users.