Bitcoin Milestone: Fold Becomes First Crypto Finance Firm on Nasdaq

Fold rings the Nasdaq bell, becoming the first Bitcoin-focused finance firm to go public — a big step for mainstream crypto.

May 3, 2025 - 02:54

In a major win for crypto adoption, Fold has become the first publicly traded Bitcoin-focused financial services company by ringing the opening bell at the Nasdaq stock exchange.

Fold is known for blending Bitcoin rewards with everyday spending, offering users sats (small amounts of Bitcoin) when they shop using the Fold app or card. Now, the company has taken its biggest step yet by going public — a move that could help bridge the gap between traditional finance and digital assets.

Why does this matter?

Mainstream validation: Listing on Nasdaq gives Fold more visibility and legitimacy, especially among traditional investors who may have hesitated with crypto-only platforms.
Investor access: Anyone with a brokerage account can now invest in Fold, making it easier for people to bet on the growth of Bitcoin-related services.
Bitcoin loyalty model: Fold’s approach to using Bitcoin as a rewards currency may catch on with other fintechs looking for a fresh, crypto-powered business model.

The listing also sends a powerful message: Bitcoin is no longer just a speculative asset — it’s becoming a foundation for real businesses with sustainable models.

With Bitcoin ETFs already gaining popularity and companies like Fold entering Wall Street, we could be entering a new phase of adoption where crypto-powered services go truly mainstream.

Would you invest in a Bitcoin-based company like Fold?

Let us know in the comments and keep following Trafy.io for more crypto adoption news and analysis.

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