Fold went public via SPAC merger with FTAC Emerald Acquisition in a $365m deal.

Fold, a bitcoin financial services company, went public via SPAC merger with FTAC Emerald Acquisition, a special purpose acquisition company, in a $365m deal. “Six years ago, we embarked on a mission to expand access to bitcoin investment opportunities through premium financial products. Since then, we have achieved significant scale thanks to the support of our dedicated employees, partners and investors, leading us to this exciting moment in our company’s history. We believe being a public company better positions us to advance our vision of building a gateway to bitcoin-based financial services and expanding access to wealth creation for Fold’s customers,” Will Reeves, Fold Co-Founder and CEO.