Fold Holdings to Trade on Nasdaq
Fold Holdings will become the first Bitcoin financial services company to trade on the Nasdaq stock exchange after merging with FTAC Emerald Acquisition Corp., as approved by shareholders on February 13.
The new entity, Fold Holdings, plans to start trading its common stock and warrants under the symbols FLD and FLDDW on February 19, pending final listing approval.
> “Six years ago, we embarked on a mission to expand access to bitcoin investment opportunities through premium financial products,” said Will Reeves, co-founder and CEO of Fold. “Since then, we have achieved significant scale thanks to the support of our dedicated employees, partners, and investors, leading us to this exciting moment in our company’s history.”
Reeves described the Nasdaq debut as a historic moment, with Bitcoin advocate Michael Saylor offering congratulations. Saylor’s strategy debuted on the Nasdaq-100 on December 23, 2024.
> Fold makes history tomorrow— debuting on Nasdaq as the first Bitcoin financial services company to go public and one of the world’s top 25 Bitcoin treasuries.
> — WILL REEVES (@wlrvs) February 18, 2025
Founded in 2019, Fold aims to broaden Bitcoin investment opportunities through financial products. The company currently holds 1,000 BTC, valued around $94 million at current market prices, according to Bitcoin Treasuries.
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