FLD: New balance products and gift card channels advance growth as Bitcoin activity remains soft

Q3 revenue fell 44% YoY amid soft Bitcoin retail activity, while custody and trading grew sharply on gift card distribution. New deposit products are attracting larger balances, and future card growth and marketing hinge on securing financing.

Based on Fold Holdings, Inc. [FLD] Q3 2026 Audio Transcript — Nov. 10 2026