{"id":831816,"date":"2025-03-05T14:13:13","date_gmt":"2025-03-05T20:13:13","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/05\/fold-set-to-debut-on-nasdaq-reinforcing-bitcoin-presence-in-tradfi\/"},"modified":"2025-03-05T14:13:13","modified_gmt":"2025-03-05T20:13:13","slug":"fold-set-to-debut-on-nasdaq-reinforcing-bitcoin-presence-in-tradfi","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/05\/fold-set-to-debut-on-nasdaq-reinforcing-bitcoin-presence-in-tradfi\/","title":{"rendered":"Fold set to debut on Nasdaq, reinforcing Bitcoin presence in TradFi"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div id=\"single-post-box-container-466006\">\n<p><img decoding=\"async\" alt=\"bitcoins Fold set to debut on Nasdaq, reinforcing Bitcoin presence in TradFi\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/imgresize\/timthumb.php?src=https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/02\/bitcoin-power-law.jpg&#038;w=70&#038;h=37&#038;q=75\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/imgresize\/timthumb.php?src=https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/02\/bitcoin-power-law.jpg&#038;w=105&#038;h=55&#038;q=75 1.5x, https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/imgresize\/timthumb.php?src=https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/02\/bitcoin-power-law.jpg&#038;w=140&#038;h=74&#038;q=75 2x\"> <span>Fold set to debut on Nasdaq, reinforcing Bitcoin presence in TradFi<\/span> <span> <span> <span>Gino Matos \u00b7<\/span> <span>2 weeks ago<\/span> <span>\u00b7 <span> 1 min read<\/span> <\/span> <\/span> <\/span> <span id=\"progressBar\"><\/span><\/p>\n<div>\n<div>\n<p>The listing adds 1,000 BTC to the Bitcoin stash held by publicly-listed companies.<\/p>\n<div>\n<div>\n<p><a href=\"https:\/\/cryptoslate.com\/author\/gino-matos\/\" title=\"Gino Matos Profile\"> <img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/08\/cs-gino-150x150.jpg\" height=\"80\" width=\"80\"> <\/a><\/p>\n<\/div>\n<div>\n<p><span> 1 min read<\/span><\/p>\n<p><span>Updated:<\/span> Feb. 18, 2025 <span>at 10:59 pm UTC<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" alt=\"bitcoins Fold set to debut on Nasdaq, reinforcing Bitcoin presence in TradFi\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/02\/bitcoin-power-law-768x403.jpg\"><\/p>\n<p>Cover art\/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.<\/p>\n<\/div>\n<\/div>\n<div data-title=\"Fold set to debut on Nasdaq, reinforcing Bitcoin presence in TradFi\" data-url=\"https:\/\/cryptoslate.com\/fold-set-to-debut-on-nasdaq-reinforcing-bitcoin-presence-in-tradfi\/\" data-id=\"466006\">\n<p><span>Bitcoin (<a href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\">BTC<\/a>) financial services firm Fold Holdings will debut on the Nasdaq on Feb. 19, becoming the 12th crypto-native company listed on the stock exchange.<\/span><\/p>\n<p><span>According to a Feb. 18<\/span> <strong><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250214150725\/en\/Fold-Announces-Closing-of-Business-Combination\">statement<\/a><\/strong><span>, the listing will take place following the completion of its merger with FTAC Emerald Acquisition Corp. (FTAC), a special purpose acquisition company (SPAC).<\/span><\/p>\n<p><span>The newly combined company will continue to operate under Fold Holdings.<\/span><\/p>\n<p><span>Its common stock and warrants are expected to commence trading on the Nasdaq under the ticker symbols \u201cFLD\u201d and \u201cFLDDW,\u201d respectively. The listing is still pending final approval.<\/span><\/p>\n<p><span>Will Reeves, co-founder and CEO of Fold, said:<\/span><\/p>\n<blockquote>\n<p><strong>\u201cSix years ago, we embarked on a mission to expand access to Bitcoin investment opportunities through premium financial products. [\u2026] We believe being a public company better positions us to advance our vision of building a gateway to Bitcoin-based financial services and expanding access to wealth creation for Fold\u2019s customers.\u201d<\/strong><\/p>\n<\/blockquote>\n<p><span>Fold was founded in 2019 as a Bitcoin financial services company dedicated to integrating BTC into everyday financial products. T<\/span><span>he firm recently opened a waitlist for a credit card which gives users 2% cashback in Bitcoin.<\/span><\/p>\n<p><span>According to <\/span><strong><a href=\"https:\/\/bitcointreasuries.net\/\">data<\/a><\/strong><span> from Bitcoin Treasuries, the company is the 23rd-largest holder of Bitcoin among companies, with 1,000 BTC in its treasury.<\/span><\/p>\n<h2>Bitcoins <strong>Crypto on Nasdaq<\/strong><\/h2>\n<p><span>Moreover, Fold became the 12th company listed on Nasdaq, joining <a href=\"https:\/\/cryptoslate.com\/companies\/coinbase\/\">Coinbase<\/a> and <a href=\"https:\/\/cryptoslate.com\/companies\/microstrategy\/\">Strategy<\/a>. Notably, Strategy has integrated the Nasdaq 100 Index since December.<\/span><\/p>\n<p><span>Other crypto-native companies include several Bitcoin mining firms, such as <a href=\"https:\/\/cryptoslate.com\/companies\/marathon-digital\/\">Marathon Digital<\/a>, <a href=\"https:\/\/cryptoslate.com\/companies\/cleanspark\/\">CleanSpark<\/a>, <a href=\"https:\/\/cryptoslate.com\/companies\/cipher-mining\/\">Cipher Mining<\/a>, <a href=\"https:\/\/cryptoslate.com\/companies\/bit-digital\/\">Bit Digital<\/a>, <a href=\"https:\/\/cryptoslate.com\/companies\/bitfarms\/\">Bitfarms<\/a>, <a href=\"https:\/\/cryptoslate.com\/companies\/hut-8\/\">Hut 8<\/a>, <a href=\"https:\/\/cryptoslate.com\/companies\/riot-platforms\/\">Riot Platforms<\/a>, <a href=\"https:\/\/cryptoslate.com\/companies\/hive\/\">Hive<\/a>, and Iren.<\/span><\/p>\n<p><span>As Bitcoin exposure through financial instruments ramps up, with spot BTC exchange-traded funds (ETFs) surpassing $40 billion in net flows, Fold\u2019s shares could become a proxy like what happened with Strategy.<\/span><\/p>\n<h6>Mentioned in this article<\/h6>\n<div>\n<h5>Latest <span>US<\/span> Stories<\/h5>\n<\/div>\n<div>\n<h5>Latest <span>Bitcoin<\/span> Stories<\/h5>\n<\/div>\n<div>\n<header>\n<h5>Latest Press Releases<\/h5>\n<\/header>\n<\/div>\n<\/div>\n<\/div>\n<p> Gino Matos <a href=\"https:\/\/cryptoslate.com\/fold-set-to-debut-on-nasdaq-reinforcing-bitcoin-presence-in-tradfi\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fold set to debut on Nasdaq, reinforcing Bitcoin presence in TradFi Gino Matos \u00b7 2 weeks ago \u00b7 1 min read The listing adds 1,000 BTC to the Bitcoin stash held by publicly-listed companies. 1 min read Updated: Feb. 18, 2025 at 10:59 pm UTC Cover art\/illustration via CryptoSlate. Image includes combined content which may<\/p>\n","protected":false},"author":1,"featured_media":831817,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22094,23492],"tags":[11476],"class_list":{"0":"post-831816","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-debut","8":"category-nasdaq","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/831816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=831816"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/831816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/831817"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=831816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=831816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=831816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}