Fold

Fold offers a prepaid debit card that earns bitcoin rewards on purchases. It also offers bitcoin purchases and bitcoin rewards on bill payments and gift card purchases.

Fold introduces **Fold Reserve**, a rewards program targeting consumers in the financial marketplace. The program highlights **bill pay rewards**, positioning itself as a leading option for users seeking financial incentives. Fold aims to differentiate itself by integrating rewards directly into everyday transactions.

Oct 2026GlobeNewswireNews article

Fold integrates **Persona** into its identity verification system to streamline customer onboarding. The partnership aims to reduce friction in verifying user identities for financial services. Fold’s existing infrastructure will now leverage Persona’s AI-driven authentication tools. This move supports Fold’s focus on improving security and user experience in digital financial products.

Aug 2026GlobeNewswireNews article

Fold sells $45 million in bitcoin to fully repay its collateralized debt obligations. The company allocates the remaining $25 million toward expanding its bitcoin card and platform operations. Trading activity follows the announcement, with shares rising by 160% in response.

Jun 2026The BlockNews article

Fold sells **$45 million in Bitcoin** at **$71,000 per coin** to eliminate all secured debt. The company’s Nasdaq-listed shares (**FLD**) surge **99% in premarket trading** following the announcement. The move marks a strategic pivot to liquidate Bitcoin holdings amid financial restructuring efforts.

Jun 2026BeInCryptoNews article