Founders: Will Reeves and Matt Luongo
Date Founded: 2014; Most recent iteration of company: 2019
Location of Headquarters: Remote
Amount of Bitcoin Held in Treasury: “Stacking since the founding of Fold”
Number of Employees: 22
Website: https://foldapp.com/
Public or Private? Private
Will Reeves wants Fold to be your bitcoin bank.
This may sound counterintuitive to hardcore Bitcoiners who believe that Bitcoin was created to replace banks, but Reeves, co-founder and CEO of Fold, an app that allows Bitcoin enthusiasts to earn bitcoin rewards on everyday purchases as well as DCA into bitcoin, sees things more pragmatically.
He believes that Fold will be the ultimate app to connect Bitcoin to not only the old world of traditional banking but to the new world of Bitcoin L2s, as well.
“You can think of us creating the bridge to Bitcoin for those that are used to banking with traditional banks,” Reeves told Bitcoin Magazine.
“We’re going to make the case why you should ditch your ol
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