Company: FLDDW
Filing Date: 2025-04-11
Form Type: 424B3
Source: 0001213900-25-031004
Chunk: 47

Company: Fold Holdings, Inc.
Filing Date: 2025-04-11
Form: 424B3
Chunk 47
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 data
such as payment card information with symbols (tokens) to keep the data safe), blockchain, and artificial intelligence (“AI”),
including machine learning.

These new and evolving services
and technologies may be superior to, impair, or render obsolete the products and services we currently offer or the technologies we currently
use to provide them. Our ability to develop new products and services may be inhibited by industry-wide standards, payment card networks,
existing and future laws and regulations, resistance to change from our customers, which includes our sellers and their customers, or
third parties’ intellectual property rights. Incorporating new technologies into our products and services may require substantial
expenditures and take considerable time, and we may not be successful in realizing a return on our efforts in a timely manner or at all.

Our success will depend on our
ability to develop new technologies, to adapt to technology changes and evolving industry standards, to incorporate new technologies into
our products and services, and to provide products and services that are tailored to specific needs and requirements of our customers.
For example, generative AI has become more publicly available and enterprise adoption of generative AI has grown. If we are unable to
provide enhancements and new features for our products and services or to develop new products and services that achieve market acceptance
or that keep pace with rapid technological developments and evolving industry standards, our business would be materially and adversely
affected.

We often rely, not only on our
own initiatives and innovations, but also on third parties, including some of our competitors, for the development of and access to new
technologies and development of a robust market for these new products and technologies. Failure to accurately predict or to respond effectively
to developments in our industry may significantly impair our business. In addition, because our products and services are designed to
operate with a variety of systems, infrastructures, and devices, we need to continuously modify and enhance our products and services
to keep pace with changes in technologies. Any failure of our products and services to continue to operate effectively with third-party
infrastructures and technologies could reduce the demand for our products and services, result in dissatisfaction of our customers, and
materially and adversely affect our business.

Our products and services
may not function as intended due to undetected errors in our software, hardware, and systems, product defects, developmental delays, or
due to security breaches or incidents or human error in administering these systems, which could damage user or third-party relations,
decrease our potential profitability and expose us to liability