
Fold Holdings has made a groundbreaking move by listing its common stock on the Nasdaq Capital Market under the ticker symbol “FLD”. This significant development marks the first public company focused entirely on Bitcoin. As reported, Fold’s platform has successfully facilitated over $2.5 billion in transactions and attracted an impressive 600,000 customers.
In its press release, CEO Will Reeves emphasized the importance of this milestone, stating that it positions Fold to advance its vision of building a gateway to Bitcoin-based financial services and expanding access to wealth creation for its users. This move also highlights the company’s commitment to creating financial products focused on BTC adoption, effectively bridging the gap between digital assets and traditional financial systems.
One of Fold’s ambitious initiatives is to integrate BTC rewards into everyday transactions, allowing consumers to accumulate Bitcoin as part of their daily spending habits. The company has recently announced a partnership with Visa to launch the Fold Bitcoin Rewards Credit Card, which enables users to earn up to 2% back in Bitcoin on all purchases, along with $250 in incentives.
The Nasdaq listing allows Fold to enhance transparency and gain access to institutional capital, solidifying its position as a pioneer in the digital asset market.
Source: http://www.crypto-news-flash.com