cryptobriefing.com
Fold Holdings is set to become the first Bitcoin financial services company to trade on the Nasdaq stock exchange following the completion of its business combination with FTAC Emerald Acquisition Corp., approved by FTAC shareholders on Feb. 13.
The merged entity will operate as Fold Holdings, with its common stock and warrants expected to begin trading under the symbols “FLD” and “FLDDW” on Feb. 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 called the Nasdaq debut a historic moment in a statement on X today, and Bitcoin bull Michael Saylor offered his congratulations. Saylor’s Strategy just debuted on the Nasdaq-100 on Dec. 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.https://t.co/cffcs8uUcC
— WILL REEVES (@wlrvs) February 18, 2025
Founded in 2019, Fold aims to expand access to Bitcoin investment opportunities through financial products. The company currently holds 1,000 BTC, valued at around $94 million at current market prices, according to data from Bitcoin Treasuries.