According to insider information, bitcoin rewards company Fold Inc. is in advanced negotiations with a blank check company founded by veteran Betsy Cohen, planning to achieve a U.S. listing through the SPAC method. If the deal is reached, Fold's valuation will be close to $500 million. It is expected that relevant announcements will be released soon. Although Fold and SPAC representatives have declined to comment on this matter, the news has sparked market attention on the recovery of the cryptocurrency industry. In recent years, crypto assets have experienced multiple market fluctuations, but companies like Fold are still actively seeking opportunities for listings in the U.S. market. Additionally, Bitcoin mining company Genesis Digital Assets also plans to conduct an initial public offering (IPO), while another crypto miner Northern Data AG has shifted from focusing on crypto mining to providing AI computing services and is considering going public.