Bitcoin (BTC) Exclusive App 'Fold' Lists on NASDAQ

Source
JH Kim

Summary

  • Bitcoin exclusive app Fold announced its listing on NASDAQ.
  • Fold reported that it was listed through a merger with a SPAC.
  • Fold explained that it currently holds 1000 Bitcoin.

According to cryptocurrency media CoinDesk on the 19th (local time), Fold (FLD), a Bitcoin (BTC) exclusive financial services application, has been listed on the NASDAQ stock exchange.

The stock price surged in early trading, then showed a decline, and has now turned to an upward trend.

Fold was listed through a merger with NASDAQ-listed FTAC Emerald Acquisition Corporation (FTAC Emerald Acquisition Corp), a Special Purpose Acquisition Company (SPAC).

According to recently released data, Fold is known to hold 1000BTC.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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