{"id":133900,"date":"2024-07-24T12:00:08","date_gmt":"2024-07-24T09:00:08","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133900"},"modified":"2024-07-24T11:46:34","modified_gmt":"2024-07-24T08:46:34","slug":"bitcoin-firm-set-for-major-ipo-amid-market-revival","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-firm-set-for-major-ipo-amid-market-revival\/","title":{"rendered":"Bitcoin Firm Set for Major IPO Amid Market Revival"},"content":{"rendered":"
As the crypto sector shows signs of revival, the company is nearing a merger with a special purpose acquisition company (SPAC) to go public.<\/p>\n
Sources<\/a><\/strong> indicate that Fold Inc. is in the final stages of negotiating a merger with FTAC Emerald Acquisition Corp, a SPAC led by Betsy Cohen. This merger could value Fold at around $500 million. An official announcement is anticipated soon.<\/p>\n Fold Inc. is part of a growing trend of cryptocurrency companies aiming to go public. Bitcoin<\/a><\/strong> mining firm Genesis Digital Assets is planning an IPO, and Northern Data AG, which now focuses on AI computing services, is also considering a public listing.<\/p>