Fold Inc Braces For IPO With $500 Million Valuation After SPAC Merger

Quick Summary:

Fold Inc, a company known for its Bitcoin rewards program, is reported on the verge of a significant business move that could reshape its future and potentially influence the broader crypto landscape.

This development comes when the cryptocurrency sector is showing signs of recovery and renewed interest from both investors and traditional financial institutions.

Similarly, Northern Data AG, which has pivoted from crypto mining to artificial intelligence computing services, is considering a public listing as well.

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Article Details

Category: Crypto

Markets: IndiaUnited States

Topics: 24/7 Cryptocurrency News Fold Crypto funding SPAC

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 08:32:02 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 443 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21760481

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 26 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #59

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