Company: FLDDW
Filing Date: 2025-08-11
Form Type: 424B3
Source: 0001213900-25-074298
Chunk: 280

Company: Fold Holdings, Inc.
Filing Date: 2025-08-11
Form: 424B3
Chunk 280
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         2024 |
|:------------|:----|:------------------------|:----|:-----------------------------------|:----|-------------:|
| Liabilities |     |                         |     |                                    |     |              |
| SAFEs       |     | Scenario-based approach |     | Probability weighting              |     | 1.0% – 90.0% |
|             |     |                         |     | Discount rate – SAFE-39 & SAFE-40  |     |      125.82% |
|             |     |                         |     | Discount rate – all other SAFEs    |     |       39.94% |
|             |     |                         |     | Remaining term to event (in years) |     |         0.25 |

F-29

Fold, Inc.
Notes to Financial Statements 14. FAIR VALUE MEASUREMENTS (cont.) The following table summarizes the changes in fair value associated with Level 3 financial instruments held at the beginning or end of the periods presented:

|                                  |     | SAFEs |             |
|:---------------------------------|:----|:------|------------:|
| Balance at January 1, 2023       |     | $     |   8,727,540 |
| Proceeds from issuances of SAFEs |     |       |     500,000 |
| Change in fair value of SAFEs    |     |       |   1,374,005 |
| Balance at December 31, 2023     |     |       |  10,601,545 |
| Proceeds from issuances of SAFEs |     |       |  72,106,134 |
| Change in fair value of SAFEs    |     |       |  88,372,854 |
| Balance at December 31, 2024     |     | $     | 171,080,533 |

15. CUSTODY OF DIGITAL ASSETS We provide custody services on behalf of our customers through unrelated third -partyservice providers, who are qualified custodians. We do not own digital assets held in a custodial capacity on behalf of our customers. We maintain internal record keeping of those assets and are obligated to safeguard the assets. We do not hold the cryptographic key information on behalf of our customers. The qualified custodians used by Fold hold our customer cryptographic key information. We are not aware of any actual or possible safeguarding loss events requiring recognition under ASC 450