Fold to Go Public via SPAC with 1,000 Bitcoin, Lists on NASDAQ

Jul 24, 2024, 12:18 PM

Fold, a Bitcoin reward firm, is set to go public via a special purpose acquisition company (SPAC) started by SPAC veteran Betsy Cohen. The company will be listed on the NASDAQ as the first publicly traded financial services firm powered by Bitcoin. Fold will enter the market with over 1,000 Bitcoin in its corporate treasury. The merger will be with FTAC Emerald Acquisition. The ticker symbol for Fold will be $EMLD.