Fold Holdings Debuts on Nasdaq

Fold Holdings Enters the Nasdaq Arena

Wednesday saw Fold Holdings (FLD), known for its Bitcoin rewards, step onto the Nasdaq stock exchange. The company's shares experienced a significant surge initially, with prices climbing over 30% past the $13 mark as trading began. However, later in the session, prices settled near $11.

Initial Public Offering via SPAC

Fold Holdings' public market debut came through a merger with FTAC Emerald Acquisition Corp. (FTAC), a SPAC that is publicly traded. This strategic move facilitated FLD's transition to being publicly listed, capturing the attention of investors from the start.