Company: FLDDW
Filing Date: 2025-01-14
Form Type: CORRESP
Source: 0001213900-25-003169
Chunk: 2

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: CORRESP
Chunk 2
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 6 and re-issue in part. We also note your revised disclosure that “[t]he custodial partners then process the trade using their own technology and liquidity partners.” Please revise to confirm whether the “custodial partners” are the Bitcoin Service Providers and if not, the identities of these custodial partners, identify the bitcoin exchanges and liquidity partners through which your customers’ purchase and sale transactions are conducted, including step-by-step descriptions of the process and timing for buying and selling bitcoin via the exchanges and liquidity partners, and how and when the exchange rates for these transactions are determined. Please also reconcile your statement here that “[a]ll funds deposited to, spent on, or withdrawn from the Fold Card are in USD,” with your statement on page 212 that “[i]n October 2024 [you] added the ability for eligible users to deposit bitcoin into Fold.” |

| Response: The Company has revised the Amended Registration Statement in response to the Staff’s comment. Please see the updated disclosure beginning on page 196 of the Amended Registration Statement. |

January 14, 2025
Page 3

Any comments or questions regarding the foregoing
should be directed to the Company’s counsel, Derick Kauffman, at 610-205-6038. Thank you in advance for your cooperation in connection
with this matter.

| Very truly yours,                     |
| /s/ Bracebridge H. Young, Jr.         |
| Bracebridge H. Young, Jr.             |
| President and Chief Executive Officer |

| cc: | -via email                          |
|     | Ryan Maierson, Latham & Watkins LLP 
 Derick Kauffman, Stevens & Lee PC   |