Loading...
Market
What will Fold's market cap be at the end of the first quarter post-IPO?
3
Resolution / Starting Odds
Below $500 million • 25%
$500 million to $750 million • 25%
$750 million to $1 billion • 25%
Above $1 billion • 25%
NASDAQ and Fold's financial statements
Story
Fold to Go Public via $365 Million SPAC Deal with FTAC Emerald on NASDAQ
Jul 24, 2024, 04:17 PM
Fold, a Bitcoin reward firm, is in advanced talks to go public via a special purpose acquisition company (SPAC) started by veteran Betsy Cohen. The deal with FTAC Emerald Acquisition Corp. would value Fold at nearly $500 million. Fold plans to list on the NASDAQ as the first publicly traded financial services company powered by Bitcoin. The firm will enter the market with over 1,000 Bitcoin in its corporate treasury and aims to accumulate thousands more. Fold's SPAC deal is valued at $365 million pre-money valuation. The announcement is expected as soon as Wednesday. Fold has been building its product over the past 10 years. The stock ticker for Fold will be $EMLD.
View original story
Similar markets
Less than $1 billion • 25%
$1 billion - $2 billion • 25%
$2 billion - $3 billion • 25%
More than $3 billion • 25%
Below $30 • 25%
$30 - $40 • 25%
$40 - $50 • 25%
Above $50 • 25%
Below $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
Above $3 billion • 25%
Below IPO price • 25%
Equal to IPO price • 25%
1-10% above IPO price • 25%
More than 10% above IPO price • 25%
Less than 1,000 • 25%
1,000 - 1,500 • 25%
1,501 - 2,000 • 25%
More than 2,000 • 25%
Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $1.5 billion • 25%
More than $1.5 billion • 25%
Below $30 billion • 25%
$30 billion to $35 billion • 25%
$35 billion to $40 billion • 25%
Above $40 billion • 25%