Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 177

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 177
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compensation periodically to ensure that director compensation remains competitive such that the Company is able to recruit and retain
qualified directors. In connection with the consummation of the Business Combination, we approved and implemented the Director Compensation
Program for our non-employee directors.

<div align='center'>101

FOLD’S
EXECUTIVE COMPENSATION</div>

Throughout this section, unless
otherwise noted, “the company,” “we,” “us,” “our” and similar terms refer to Fold prior
to the Business Combination.

This section discusses the material
components of the executive compensation program for Fold’s executive officers who are named in the “2024 Summary Compensation
Table” below. In 2024, Fold’s “named executive officers” and their positions at year-end were as follows:

| ● | Will Reeves, Chief Executive Officer; |

| ● | Wolfe Repass, Chief Financial Officer; and |

| ● | Nicoletta Goncalves, Vice President of Risk and Compliance. |

This discussion may contain forward-looking
statements that are based on our current plans, considerations, expectations and determinations regarding future compensation programs.
Actual compensation programs that the Company adopts following the completion of the Business Combination may differ materially from the
currently planned programs summarized in this discussion.

2024 Summary Compensation
Table

The following table sets forth
information concerning the compensation of Fold’s named executive officers for the year ended December 31, 2024.

| Name and Principal Position           |     | Salary 
 ($)    |         |     | Stock  
 Awards 
 ($)(1) |           |     | Non-Equity     
 Incentive Plan 
 Compensation   
 ($)(2)         |        |     | All Other    
 Compensation 
 ($)(3)       |       |     | Total |           |
| Will Reeves                           |     |        | 200,000 |     |        | 6,004,479 |     |                | 37,500 |     |              | 7,125 |     |       | 6,249,104 |
| Chief Executive Officer               |     |        |         |     |        |           |     |                |        |     |              |       |     |       |           |
| Wolfe Repass                          |     |        | 195,250 |     |        |   803,555 |     |                |        |     |              |       |     |       |   998,805 |
| Chief Financial Officer               |     |        |