Fold Enhances Bitcoin Access with New Gift Card Offering
Fold Launches Innovative Bitcoin Gift Card
In a significant move to expand access to Bitcoin, Fold Holdings, Inc. (NASDAQ: FLD), a leading bitcoin financial services company, has introduced the Fold Bitcoin Gift Card™ on Giftcards.com. This platform is recognized as the largest online gift card retailer in the U.S., providing a unique opportunity for individuals and businesses to engage with Bitcoin in everyday transactions.
The Importance of Digital Assets
This launch marks an exciting development for those looking to earn, save, and spend Bitcoin with ease. The Fold Bitcoin Gift Card™ is set to become the only gift card of its kind available on Giftcards.com, emphasizing Fold's commitment to incorporating digital assets into traditional consumer finance.
Revolutionizing E-commerce with Bitcoin
The introduction of this gift card allows consumers to access Bitcoin within a familiar and straightforward purchasing environment. As one of the most trafficked e-commerce destinations, Giftcards.com opens the door for millions of users to explore the benefits of Bitcoin, making it more approachable than ever.
A New Financial Utility
Giftcards.com offers a wide variety of gift cards across notable brands in dining, gaming, apparel, and travel. The Fold Bitcoin Gift Card enhances this selection by introducing innovative financial utility, catering to the increasing demand for Bitcoin-based consumer products.
Strategic Partnership with Blackhawk Network
According to Will Reeves, Chairman and CEO of Fold, integrating with Giftcards.com allows Bitcoin to penetrate a major online gifting channel. This collaboration not only enhances Fold's reach within the mainstream market but also showcases how Bitcoin can evolve beyond traditional exchange environments into everyday shopping experiences.
Broadening Distribution Opportunities
The rollout of the Fold Bitcoin Gift Card is part of a broader partnership with Blackhawk Network (BHN). This partnership provides access to over 400,000 retail and digital distribution points worldwide. By leveraging this extensive network, Fold aims to bring Bitcoin to high-volume consumer channels, such as e-commerce platforms and cashback apps, making it as accessible as conventional retail brands.
Future Expansion Plans
Currently, the Fold Bitcoin Gift Card is available for digital purchase on Giftcards.com, with plans for additional retail and physical expansion later this year. This strategic rollout illustrates Fold's commitment to simplifying Bitcoin access for everyone. For those interested in learning more, comprehensive details can be found at foldapp.com/bitcoin-gift-card.
An Industry Pioneer
Fold, being the first publicly traded bitcoin financial services company, is at the forefront of integrating Bitcoin into daily financial products and services. With a treasury of over 1,492 BTC, the company is continually seeking innovative solutions for individuals and businesses to leverage Bitcoin effectively. Their suite of products, including the Fold App, Fold Credit Card™, and Fold Debit Card™, aims to bridge the gap between traditional finance and a Bitcoin-driven future.
Contact Information for Inquiries
For any investor inquiries, you can reach out to:
Orange Group
Samir Jain, CFA
Email: FoldIR@orangegroupadvisors.com
For media inquiries, please contact:
Jessica Starman, MBA
Email: media@foldapp.com
Frequently Asked Questions
What is the Fold Bitcoin Gift Card?
The Fold Bitcoin Gift Card is a unique gift card that allows users to access Bitcoin through Giftcards.com, offering a seamless way to spend and utilize Bitcoin.
How can I purchase the Fold Bitcoin Gift Card?
The Fold Bitcoin Gift Card is available for digital purchase on Giftcards.com.
What makes this gift card unique?
This is the only gift card for Bitcoin available on Giftcards.com, making it a pioneering product in integrating Bitcoin into mainstream consumer finance.
Who is Fold Holdings, Inc.?
Fold Holdings, Inc. (NASDAQ: FLD) is a bitcoin financial services company offering innovative solutions for earning, saving, and spending Bitcoin.
What is Blackhawk Network's role?
Blackhawk Network facilitates Fold’s access to a vast global distribution network, enabling the seamless integration of Bitcoin into various consumer channels.
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