🚀 Bitcoin Rewards App Fold Eyes IPO! 🚀

Fold, the Bitcoin rewards app, has taken a giant leap towards going public by submitting its S-4 filing to the SEC! 📄 This move follows their July announcement of a merger with FTAC Emerald Acquisition Corp. 🌟

The merger, set to finalize in Q4 2024, will see Fold trading on Nasdaq under the ticker "FLD." Holders of FTAC Emerald stocks will convert their shares into Fold common stock, valued between $365M and $419.75M, depending on Bitcoin's price at closing. 📈

Fold plans to expand its BTC services, including custody, trading, and even an OTC desk for larger trades. As of July 2024, Fold holds 1,002 BTC, worth $63.2M! 💰

Stay tuned for more BTC rewards and innovations from Fold! 🌍