Fold, a platform dedicated to Bitcoin rewards and payments, celebrated its recent public listing by ringing the Nasdaq Opening Bell today at the Nasdaq MarketSite in Times Square, New York City.
As detailed in a press release shared with Finance Newso, the event saw attendance from Fold’s leadership team, early employees, and longstanding supporters from the community.
The celebration was broadcast live globally, as well as displayed on the Nasdaq tower screens in the bustling Times Square area.
IT’S HAPPENING
Getting ready to ring the opening bell at @NasdaqExchange https://t.co/GzxVwhuzHr pic.twitter.com/yONwuNumAe
— FOLD BITCOIN (@fold_app) May 2, 2025
According to Fold, the act of ringing the bell symbolizes a significant step towards embedding Bitcoin into mainstream financial practices. The company aims to achieve this through practical utility and customer-oriented products, as stated by its team.
CEO Will Reeves remarked that the Nasdaq bell ringing represents “a celebration of the journey from Bitcoin’s edges to the heart of global finance. We’re proud to represent the everyday use of Bitcoin in a market long dominated by speculation.”
Nasdaq Listing Completed, Credit Card Incoming
Fold has its roots in Thesis*, a venture studio focused on Bitcoin which has been developing related solutions since 2014, including brands like Mezo, tBTC, Acre, and Taho.
In February, Fold (NASDAQ: FLD) finalized its business combination with FTAC Emerald Acquisition Corp., a publicly listed special purpose acquisition company, formally adopting the name Fold Holdings, Inc. Shortly thereafter, their common stock and warrants commenced trading on Nasdaq.
As of the latest updates, FLD is trading at $3.97, reflecting an increase of 2.58% today.
Fold has reported rapid growth since its launch, having welcomed “hundreds of thousands” of users who earn rewards through everyday purchases and debit card transactions, alongside merchant partnerships. Since its inception in 2019, users have accumulated nearly $67.8 million in rewards, according to the company.
It is also important to note that Fold operates as a financial services platform and is not a bank insured by the Federal Deposit Insurance Corporation (FDIC).
In February 2025, Fold revealed plans for the launch of its Bitcoin Rewards Credit Card, aimed at both Fold+ and free plan members. This card is designed to offer cashback rewards paid out automatically in Bitcoin, similar to the existing rewards debit card.
Introducing the Fold Bitcoin Rewards Credit Card
It pays to be a Fold+ Credit Cardholder
2% Unlimited Bitcoin Rewards
Up to $250 Welcome Bonus
Free Metal Card
Join and climb your way to the top of the waitlist. $200,000 of prizes await!
Sign-up link and blog pic.twitter.com/kSrvKAgXQA
— FOLD BITCOIN (@fold_app) February 11, 2025
Fold+ Credit Cardholders will benefit from unlimited 2% cashback in Bitcoin rewards, receive a complimentary metal card, and enjoy the advantages offered through Fold+ subscriptions, which include no-fee Bitcoin buys and sales. Meanwhile, free plan members can earn an unlimited 1.5% cashback in Bitcoin with the option to upgrade to a metal card.
The post Bitcoin Payments Platform Fold Rings Opening Nasdaq Bell appeared first on Finance Newso.
