Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 262

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 262
---
 2023, the Company
did not have any unrecognized tax benefits. To the extent penalties and interest would be assessed on any underpayment of income tax,
the Company’s policy is that such amounts would be accrued and classified as a component of income tax expense in the financial
statements. The Company is subject to the following material taxing jurisdictions: U.S., Arizona, California, and New York. As of December
31, 2024 and 2023, the Company is current on its income tax filings in all applicable state jurisdictions and is not currently under any
federal or state income tax examinations. The Company is open to federal and state tax audits until the applicable statutes of limitations
expire. The statute of limitations has expired for all federal and state returns filed for periods ending before 2022. As of December
31, 2024, the Company had no accrued interest or penalties related to uncertain tax positions.

<div align='center'>F-26

Fold, Inc.

Notes to Financial Statements</div>

14. FAIR VALUE MEASUREMENTS

Financial assets and liabilities that are measured
at fair value on a recurring basis are classified as Level 1, Level 2 and Level 3 as follows:

|                            |     | As of December 31, 2024 |             |     |         |             |     |         |   |     |         |             |
|:---------------------------|:----|:------------------------|------------:|:----|:--------|------------:|:----|:--------|:--|:----|:--------|------------:|
|                            |     | Total                   |             |     | Level 1 |             |     | Level 2 |   |     | Level 3 |             |
| Assets:                    |     |                         |             |     |         |             |     |         |   |     |         |             |
| Digital assets             |     | $                       | 102,138,351 |     | $       | 102,138,351 |     | $       | - |     | $       |           - |
| Total assets               |     | $                       | 102,138,351 |     | $       | 102,138,351 |     | $       | - |     | $       |           - |
| Liabilities:               |     |                         |             |     |         |             |     |         |   |     |         |             |
| Customer rewards liability |