SAFEs |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Investments, Debt and Equity Securities [Abstract] | |
| SAFEs | 9. SAFEs On February 14, 2025, in connection with the Closing of the Merger, all SAFE notes held by Fold Predecessor converted into 16.6 million shares of Fold Holdings, Inc. Common Stock. The fair value of the SAFEs on the date of conversion was $177.6 million. Prior to conversion, Fold Predecessor’s SAFEs were recorded as a liability in the accompanying balance sheets and the Company recorded subsequent remeasurements in “Changes in fair value of SAFEs” in the statements of operations. However, because Fold’s SAFEs were structured to be settled via the delivery of common and/or preferred shares upon execution of an equity financing or liquidity event, these amounts were reclassified to equity upon conversion. During the three months ended March 31, 2025, the Company recognized an increase in the SAFE liability of $6.5 million related to fair value remeasurements prior to conversion. As of March 31, 2026 and December 31, 2025, no SAFEs remained outstanding. |