Bitcoin rewards app Fold is planning a public listing on Nasdaq through a merger with special-purpose acquisition company (SPAC) Emerald Acquisition Corp. (EMLD).
New York-based Fold offers a cashback debit card which provides bitcoin rewards instead of traditional rewards one would expect from other related products. Fold's cards have processed over $2 billion in volume and distributed more than $45 million worth of rewards, according to an announcement on Wednesday.
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