ChainCatcher news, according to Bitcoin Magazine, Fold will officially go public on Nasdaq tomorrow, becoming the first financial services company focused on Bitcoin.Currently, Fold holds over 1,000 Bitcoins on its balance sheet.

ChainCatcher news, Bitcoin financial services company Fold announced that it has completed a $20 million convertible bond financing provided by ATW Partners, and both parties have reached an agreement to potentially provide an additional $10 million in financing after merging with FTAC Emerald.This financing is secured by the company's assets (including a portion of Bitcoin), and the bonds will mature three years after Fold becomes a publicly traded company, converting into common stock of the merged company at a fixed conversion price of $11.50 per share.Fold stated that the initial $20 million will be used to support growth plans and accelerate product development, while the remaining $10 million financing will provide more capital flexibility after the business combination with FTAC Emerald is completed.

ChainCatcher news, according to Cointelegraph, Bitcoin financial services company Fold has submitted an S-4 filing to the U.S. Securities and Exchange Commission in preparation for going public. Fold's treasury currently holds over 1,000 BTC.

ChainCatcher news, according to a post by BSCN Headlines on the X platform, the Bitcoin financial services company UNCHAINED has partnered with the University of Austin to establish a $5 million donation fund, which will be used to invest in Bitcoin.

ChainCatcher news, according to Forbes, Bitcoin financial services company Swan announced the completion of $165 million in equity financing in 2023, of which $125 million is for private equity and venture capital, and $40 million will be used to expand into Bitcoin-backed lending and other institutional products. Swan founder Klippsten stated that Swan plans to raise another $150 million in 2024 to fund its expansion.Through its lending products, Swan users can deposit Bitcoin as collateral and obtain approximately 50% dollar-denominated loans at "low double-digit" interest rates. Swan will find creditors to lend the funds, charge an origination fee, and earn a spread based on its borrowing and lending rates. Swan founder Klippsten mentioned that this lending product will be launched in the coming weeks and will deploy $20 million in funds.

ChainCatcher news, according to CoinDesk, Bitcoin financial services company Onramp has launched a multi-signature platform, allowing multiple custodians to control the private keys of the Bitcoin they hold. The company has currently selected BitGo, Coincover, and Kingdom Trust as custodians to conduct business.

ChainCatcher news, according to CoinDesk, digital asset custody provider BitGo and Bitcoin financial services company Swan have established a Bitcoin trust company. The joint venture is pending regulatory approval and will combine BitGo's custody capabilities with Swan's expertise in onboarding and fraud prevention.It is reported that BitGo is one of the custody institutions used by Swan for its Bitcoin storage needs.

ChainCatcher news, Bitcoin financial services company River announced the completion of a $35 million Series B funding round, led by Kingsway Capital, with participation from Peter Thiel, Cygni, Goldcrest, and Valor Equity Partners. (source link)

ChainCatcher news, according to Cointelegraph, Bitcoin financial service provider Unchained announced the completion of a $60 million Series B funding round, led by Valor Equity Partners, with participation from NYDIG, Trammell Venture Partners, Ecliptic Capital, and Highland Capital Partners.It is reported that Unchained Capital will utilize the native multi-signature feature of the Bitcoin network to provide customers with shared control over Bitcoin between their own held private keys and those held by Unchained or other financial service companies. (Source link)