Key Takeaways
- Fold Holdings will start trading on Nasdaq on Feb. 19.
- The company will be the first Bitcoin financial services firm listed on Nasdaq.
- The listing follows completion of Fold's business combination with FTAC Emerald.
Fold Holdings, Inc., a pioneering Bitcoin financial services company, announced its common stock and warrants will begin trading on the Nasdaq Capital Market on February 19, 2025, under the ticker symbols “FLD” and “FLDDW” respectively.
The listing follows the completion of Fold’s business combination with FTAC Emerald Acquisition Corp. on February 14, 2025, after which the company changed its name from “FTAC Emerald Acquisition Corp.” to “Fold Holdings, Inc.”
CEO statement
Will Reeves, Chief Executive Officer of Fold, commented on the milestone:
We believe this transformative business combination better positions Fold to advance our vision of building a gateway to bitcoin-based financial services and expanding access to wealth creation for our customers. We are excited to list on Nasdaq and look forward to continuing on our mission to expand access to bitcoin rewards and financial services as a public company.
Company background
Founded in 2019, Fold has established itself as a pioneer in Bitcoin-focused financial services, creating innovative products that bridge traditional finance with Bitcoin technology. The company recently launched a waitlist for a credit card offering Bitcoin rewards.
Market context
While several Bitcoin mining companies and crypto exchanges are already publicly traded, Fold’s listing marks the first pure-play Bitcoin financial services company to join Nasdaq.
The historic listing comes at a time of growing institutional acceptance of Bitcoin, as evidenced by the recent success of spot Bitcoin ETFs which have attracted significant investor interest since their launch.
