Bitcoin rewards app Fold has filed an S-4 with the US Securities and Exchange Commission (SEC), and has started the IPO process! 🎉
- Fold plans to go public by merging with FTAC Emerald.
- After the merger, Fold will trade on Nasdaq under the symbol "FLD".
- FTAC Emerald shareholders will receive Fold shares worth $365-$419.75 million, depending on the price of Bitcoin.
- Fold aims to expand with Bitcoin rewards and Lightning Network integration.
Share your thoughts in the comments! 💬👇