BlockBeats news, October 8, according to Cointelegraph, Bitcoin financial services company Fold has submitted an S-4 document to the US SEC in preparation for listing on Nasdaq. Currently, Fold's company treasury holds more than 1,000 BTC. BlockBeats previously reported that the Bitcoin-based rewards application Fold announced plans to list on Nasdaq with an implied valuation of $365 million. Fold has signed an agreement with the special purpose acquisition company (SPAC) FTAC Emerald Acquisition to go public through a business merger transaction. After the SPAC transaction is completed, Fold will be listed on Nasdaq, and the stock code has not yet been announced. Fold is a debit card cash back app that allows users to get Bitcoin cash back on daily purchases at retailers such as Amazon, Uber and Starbucks. It also offers a debit card that provides Bitcoin rewards when trading. Fold is integrated with the Bitcoin Lightning Network and also includes features such as buying Bitcoin regularly, earning Bitcoin by paying bills like mortgages and rent, rounding up purchase amounts to Bitcoin, and storing funds in a vault account.

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