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TikTok Shop Becomes Fold’s Biggest Bitcoin Gift-Card Channel

All news Altcoins Bitcoin Blockchain Crime Economy Ethereum Fintech Others Regulations 11 November 2026 | 00:38 TikTok Shop is now Fold’s largest Bitcoin gift-card channel, but the quarter that made it so added about 1,500 verified accounts and a category that lost money. Key Takeaways Accounts: 1,500+ added, 88,500+ total verified Gift cards: ~$1.2M of $1.28M category revenue Category margin: -$21,975 before other expenses Undisclosed: TikTok sales, channel costs, redemption rate Fold’s November 10 results report $4.2 million in revenue and a $2.6 million net loss for the quarter ended September 30, with an approximately 270% year-over-year rise in custody...

Coindoo·6m ago·15 min read