Fold Holdings, Inc.: directors' dealings · United States · SEC (Form 4)

About Fold Holdings, Inc.

Fold Holdings, Inc. (NASDAQ: FLD) is a United States-listed company on the NASDAQ that operates as a bitcoin-focused financial services platform. Founded in 2019, Fold was built around a simple consumer proposition: help users earn, save, and spend bitcoin through everyday financial products rather than through speculative trading alone. Fold is a remote-first company and its official headquarters is in Phoenix, Arizona, United States, although it does not designate a single traditional physical headquarters in the operational sense. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1889123/000119312526110808/fld-20251231.htm?utm_source=openai)) The company’s core business is centered on consumer financial tools tied to bitcoin. Its ecosystem includes the Fold mobile app, bitcoin rewards functionality, low-to-zero fee bitcoin buying and selling, insured custody, and, more recently, a bitcoin rewards credit card initiative. Fold has also been refining a unified app experience that brings balances, transactions, rewards, and spending activity into one interface. In addition, the company has expanded into B2B-adjacent use cases with employee bitcoin bonus programs, broadening its potential reach beyond retail consumers. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1889123/000119312526110808/fld-20251231.htm?utm_source=openai)) From a competitive standpoint, Fold sits at the intersection of fintech and crypto-native financial services. Its strategic positioning is differentiated: instead of competing purely as a trading venue or exchange, Fold aims to be a daily-use financial home for bitcoin users. That makes it comparable in some respects to digital banking and payment platforms, but with a more specialized bitcoin-first value proposition. Recent company communications highlight distribution initiatives, including retail partnerships such as Kroger, and new product launches designed to increase engagement and customer acquisition. ([globenewswire.com](https://www.globenewswire.com/news-release/2026/05/12/3293448/0/en/fold-holdings-inc-nasdaq-fld-announces-first-quarter-2026-results.html?utm_source=openai)) Fold’s public-market history is also recent. The company became publicly traded after completing a business combination with FTAC Emerald Acquisition Corp. on February 14, 2025; following the transaction, the combined entity adopted the name Fold Holdings, Inc. and its common stock began trading on NASDAQ under the ticker FLD. SEC filings confirm that the legacy business was founded in 2019 and that the company continues to face typical early-stage public-company and crypto-sector risks, including persistent operating losses, reliance on bitcoin market conditions, and competitive pressure in a fast-moving industry. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1889123/000119312526110808/fld-20251231.htm?utm_source=openai)) Recent operational updates are important for investors. On May 12, 2026, Fold reported first-quarter 2026 revenue of $5.6 million, more than 1,000 Fold Bitcoin Credit Cards in circulation, and nearly 85,000 verified accounts. Earlier in 2026, the company also launched a unified app experience and completed actions to simplify its capital structure, while continuing to build out product distribution and credit capabilities. Overall, Fold remains a small-cap, high-volatility fintech/bitcoin story with meaningful upside optionality, but also elevated execution and market risk tied to the broader bitcoin ecosystem. ([globenewswire.com](https://www.globenewswire.com/news-release/2026/05/12/3293448/0/en/fold-holdings-inc-nasdaq-fld-announces-first-quarter-2026-results.html?utm_source=openai))