I heard this today on Rabbit Hole Recap thus the details might be a bit shaky as Marty was mumbling the news on the podcast. Since the company is part of their Ten-31 VC portfolio I assume the source has some credibility.
(Even Muzz with Lightning Ventures a different VC firm mentioned on a different pod his company got in early and now he 30x his investment based upon projected valuation)
But it must be true because on Robinhood I can’t buy anymore shares
With a 1,000 BTC on the balance sheet and doing ads on big time sports media platforms like Jason Whitlock show
Fold has a unique chance to grow more on a fiat basis vs. Bitcoin. The fact you earn sats back on ACH payments is amazing. I don’t know a single bank, or bitcoin company that is doing that. On that alone they have some room to grow.
Disclaimer: I am fold fan. My views are 100% bias and not investment advice