Bitcoin Payments Platform Fold Rings Opening Nasdaq Bell

By: crypto news|2025/05/02 22:30:02
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Fold, a Bitcoin rewards and payments platform, rang the Nasdaq Opening Bell today at the Nasdaq MarketSite in Times Square, New York, USA, to celebrate its recent public listing.Per the press release shared with Cryptonews, Fold’s leadership team attended the ceremony, along with early employees and long-time community supporters.Additionally, the event was livestreamed globally and on the Nasdaq tower screens in the busy Times Square. IT'S HAPPENING Getting ready to ring the opening bell at @NasdaqExchange https://t.co/GzxVwhuzHr pic.twitter.com/yONwuNumAe— FOLD BITCOIN (@fold_app) May 2, 2025Fold 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.” You might also like Bitcoin Rewards App Fold Submits S-4 SEC Filing for IPO as it Adopts FLD Ticker Nasdaq Listing Completed, Credit Card IncomingFold was originally incubated by Thesis*, a Bitcoin-focused venture studio. The latter has been building related solutions since 2014, including Fold, Mezo, tBTC, Acre, and Taho in its core portfolio of brands.In February, Fold (NASDAQ: FLD) completed its business combination with FTAC Emerald Acquisition Corp., a publicly traded special purpose acquisition company, to operate under the name Fold Holdings, Inc. 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.Source: NasdaqMoreover, 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 Federal Deposit Insurance Corporation (FDIC)-insured bank.In February 2025, the team announced the upcoming launch of its Bitcoin Rewards Credit Card. 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 CardIt pays to be a Fold+ Credit Cardholder2% Unlimited Bitcoin RewardsUp to $250 Welcome BonusFree Metal CardJoin 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 BITCOIN (@fold_app) February 11, 2025Fold+ 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. You might also like Galaxy Digital Set to List on Nasdaq Pending Shareholder Approval The post Bitcoin Payments Platform Fold Rings Opening Nasdaq Bell appeared first on Cryptonews.

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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