Fold Holdings, a pioneering bitcoin financial services company, has completed its business combination with FTAC Emerald Acquisition Corp., a publicly traded special purpose acquisition company. The combined company will operate under the name Fold Holdings, Inc. and is expected to list on Nasdaq under the ticker symbols “FLD” and “FLDDW,” starting February 19, 2025.
According to Will Reeves, Co-Founder and CEO of Fold, the mission of expanding access to bitcoin investment opportunities has been achieved in just six years. The company aims to make the American Dream available to more people by integrating bitcoin into everyday financial services. As a public company, Fold believes it will be better positioned to advance its vision of building a gateway to bitcoin-based financial services.
Cohen & Company Capital Markets and Latham & Watkins LLP are acting as exclusive advisors and legal counsel, respectively, while Stevens & Lee PC is advising FTAC Emerald Acquisition Corp.
This press release includes forward-looking statements about the business combination, which may be identified by words such as “may,” “could,” or “predict.” These statements are based on assumptions and expectations of management but are subject to various risks and uncertainties. If actual results differ from the implied results, they could materialize due to factors discussed in Fold’s filings with the SEC.
For more information about Fold Holdings and its mission, visit https://foldapp.com/investors.
Source: https://www.businesswire.com/news/home/20250214150725/en/Fold-Announces-Closing-of-Business-Combination