🚀 Fold, a New York-based Bitcoin rewards app, is gearing up for a public listing on Nasdaq through a merger with SPAC Emerald Acquisition Corp (EMLD). Known for its cashback debit card that offers Bitcoin rewards, Fold has processed over $2 billion in volume and distributed more than $45 million in rewards. The merger, valued at $365 million, has been unanimously approved by both firms' boards and will leave the new entity with over 1,000 BTC ($67 million) on its balance sheet.
What do you think about earning Bitcoin instead of traditional rewards? Share your thoughts in the comments! 💬