Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 145

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 145
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 app through the normal onboarding process, which includes Know
Your Customer (“KYC”) checks by Fold. Customers are then onboarded to either BitGo or Fortress based on the state they live
in. Customers also undergo KYC checks by the Bitcoin Service Provider to which they are onboarded, and they are required to accept the
terms and conditions of the Bitcoin Service Provider to which they are onboarded.

Once a user has been onboarded
to both Fold and the Bitcoin Service Provider, they are able to interact directly through Fold’s mobile application to buy bitcoin
via spot trades, recurring trades, direct deposits, and by rounding up spare change on Fold Card purchases, as well as the ability to
deposit and sell their bitcoin. Each of those transactions are executed by the user through Fold’s mobile app and processed via
the Bitcoin Service Provider to which the user is assigned. Refer to the following section for further details.

<div align='center'>79</div>

How Fold Users Access
Fold Products and Services

In order to access all Fold related
services, users must first download the Fold app from either the Apple or Google app store. Upon using the Fold app for the first time,
users are prompted to provide certain information for account creation and verification and to accept Fold’s user terms and conditions.
Once Fold completes a review of a user’s initial application, the user is then granted access to the Fold platform. From there,
users can utilize the following services:

Fold Pre-paid Debit Card

| ● | Users may apply for a Fold pre-paid debit card by selecting the “Fold Card” tab in the Fold app                                       
 and following the on-screen prompts. Once an application has been submitted, Fold utilizes Sardine, a third-party service, to perform 
 the required KYC and AML verification along with internal reviews completed by the Fold compliance team when needed.                  |

| ● | Once a user has been approved, a Fold pre-paid debit card is issued by Sutton Bank, Fold’s banking                                    
 partner, and sent to the user’s address on file. Users can activate a Fold pre-paid debit card by either calling the number provided  
 on the card or by following card activation instructions in the Fold app. After activating a Fold pre-paid debit card, users can view 
 card details by selecting the “Fold Card” tab in the Fold app.                                                                        |

| ● | To deposit or withdraw funds, users can select the “Deposit” or “Withdraw” option                                                       
 on the “Home” or “Fold Card