02.05.2025
Mirjan Hipolito
Cryptocurrency and stock expert
02.05.2025

Meltem Demirors lauds Fold Apps successful IPO raising $70M in Bitcoin rewards

Meltem Demirors lauds Fold Apps successful IPO raising $70M in Bitcoin rewards @Melt_Dem: Meltem Demirors lauds Fold App IPO

Meltem Demirors has congratulated Fold App on its initial public offering. The announcement comes as Fold App, a company known for incentivizing Bitcoin transactions, celebrates its milestone IPO.

Demirors, a proud seed investor via CoinShares Ventures, expressed her excitement on Twitter, acknowledging Fold App's achievement of distributing $70 million worth of Bitcoin to its users, emphasizing the company’s commitment to popularizing cryptocurrency. She also lightheartedly recommended the energetic post-tennis bell ringing tradition of the team.

Fold App, under the leadership of CEO Will Reeves, has effectively 'orange pilled' a growing number of users, making significant strides in mainstreaming Bitcoin adoption.

In the previous news, tweet author Meltem Demirors discussed challenges in DePIN protocols' performance accountability.

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