Bitcoin Goes Mainstream: Fold’s Nasdaq Bell Ceremony Marks Crypto’s Wall Street Takeover
Fold—the payments platform that lets you stack sats while shopping—just rang Nasdaq’s opening bell. Not bad for an industry Wall Street once called ’a haven for drug dealers.’
Why it matters: This isn’t just another crypto PR stunt. That clanging sound you hear? It’s the old guard’s gates being stormed.
The subtext: Traditional finance is scrambling to stay relevant. Fold’s Nasdaq moment proves Bitcoin isn’t begging for acceptance anymore—it’s dictating terms.
Bonus jab: Meanwhile, your bank still charges $35 overdraft fees and takes three days to clear a check.
IT’S HAPPENINGGetting ready to ring the opening bell at @NasdaqExchange https://t.co/GzxVwhuzHr pic.twitter.com/yONwuNumAe — FOLD Bitcoin (@fold_app) May 2, 2025
Fold notes that the bell ringing is a milestone on the company’s road to integrating BTC into the mainstream and everyday financial activity. They will do so through tangible utility and consumer-first products, the team claims.
CEO Will Reeves commented that ringing the bell at Nasdaq is “a celebration of the journey from Bitcoin’s edges to the heart of global finance. We’re proud to represent the everyday use of Bitcoin in a market long dominated by speculation.”
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Fold was originally incubated by, a Bitcoin-focused venture studio. The latter has been building related solutions since 2014, including Fold,,,, andin its CORE portfolio of brands.
In February, Fold (NASDAQ: FLD) completed its business combination with, a publicly traded special purpose acquisition company, to operate under the name. Its common stock and warrants began trading on Nasdaq soon after.
At the time of writing, FLD trades at $3.97 and is up 2.58% today.
Moreover, Fold claims it has grown fast since its inception and has onboarded “hundreds of thousands” of users. These users earn rewards through everyday purchases, debit card use, and merchant integrations. Since the 2019 launch, users have stacked nearly $67.8 million, Fold says.
Meanwhile, per the website, Fold is a financial services platform and not a(FDIC)-insured bank.
In February 2025, the team announced the upcoming launch of its. It will be available to Fold+ and Fold (free plan) members and will provide cashback rewards automatically paid out in BTC, like the project’s rewards debit card.
Introducing the Fold Bitcoin Rewards Credit Card
It pays to be a Fold+ Credit Cardholder
2% Unlimited Bitcoin RewardsUp to $250 Welcome BonusFree Metal Card
Join and climb your way to the top of the waitlist. $200,000 of prizes await!
Sign-up LINK and blog
pic.twitter.com/kSrvKAgXQA
Fold+ Credit Cardholders will get unlimited 2% cashback BTC rewards, a free metal card, and the benefits of a Fold+ subscription, including zero-fee bitcoin buys and sells. The free plan members will earn unlimited 1.5% cashback BTC rewards, with the option to upgrade to a metal card.
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