Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 229

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 229
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 information)
with symbols (tokens) to keep the data safe in the event that sensitive data is stolen or viewed by unauthorized third parties.

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. 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 these development efforts in a timely manner or at all. Our ability to develop new and
innovative products and services may be inhibited by industry-wide standards, payment networks, existing and future laws and regulations,
resistance to change from our users or third parties’ intellectual property rights. Our success will depend on our ability to develop
new technologies and to adapt to technological changes and evolving industry standards. If we are unable to provide enhancements and new
features for our products and services or to develop new and innovative products and services that achieve market acceptance or that keep
pace with rapid technological developments and evolving industry standards, our business, operating results and financial condition 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.

As we expand and localize our international activities, our obligations
to comply with the laws, rules, regulations, and policies of a variety of jurisdictions will increase and we may be subject to inquiries,
investigations, and enforcement actions by U.S. and non-U.S. regulators and governmental authorities, including those related
to sanctions, export control, and anti-money laundering.

As we expand and localize our international activities,
we will become increasingly obligated to comply with the laws, rules, regulations, policies, and legal interpretations of both the jurisdictions
in which we operate and those into which we offer services on a cross-border basis. For instance, financial regulators outside the United States
have increased their scrutiny of crypto asset service providers over time, such as by requiring crypto asset custodians and other service
providers operating in their local jurisdictions to be regulated and licensed under local laws. Moreover, laws regulating financial services,
the internet, mobile technologies, crypto, and related technologies outside of the United States are highly evolving, extensive and