Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 30

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 30
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 actions against other cryptoeconomy participants and their product offerings
and services that may cause us to modify or discontinue a product offering or service. If we were to modify or discontinue any product
offering or service for any reason, our decision may be unpopular with users, may reduce our ability to attract and retain customers (especially
if similar products or services continue to be offered by our competitors), and may adversely affect our business, operating results,
and financial condition.

<div align='center'>14</div>

Loss of a critical
banking or insurance relationship could adversely impact our business, operating results, and financial condition.

Although a number of significant
U.S. banks and investment institutions, such as Goldman Sachs, Citigroup, J.P. Morgan, Bank of America and BlackRock, have indicated they
plan to begin allowing their customers to carry and invest in Bitcoin, the acceptance and use of Bitcoin by banks is relatively uncommon
and may never become mainstream. Indeed, a number of companies and individuals engaged in Bitcoin-related activities have been unable
to find banks or financial institutions that are willing to provide them with banking services. Similarly, a number of companies and individuals
or businesses associated with Bitcoin may have had and may continue to have their existing banking services discontinued with financial
institutions in response to government action. We also may be unable to obtain or maintain these services for our business. To date, we
have not experienced such issues in finding banks or financial institutions willing to provide services to us that has had a material
impact on our business, financial condition or results of operations.

We rely on bank relationships
to provide our products and services and to connect us to mobile card networks. As a bitcoin-asset related business, our banking partners
view us as a higher risk customer for purposes of their anti-money laundering programs. We may face difficulty establishing or maintaining
banking relationships due to instability in the global banking system, increasing regulatory uncertainty and scrutiny, or our banking
partners’ policies. The loss of these banking partners or the imposition of operational restrictions by these banking partners and
the inability for us to utilize other redundant financial institutions may result in a disruption of business activity as well as regulatory
risks.

However, if these financial institutions
are subject to receivership, resolution or failure, or if banking relationships become severely limited or unavailable to Bitcoin participants,
there could be temporary delays in or unavailability of services in that are critical to our or our partners’ operations, developers
or customers, a further limit on available