Express
Thesis Acquires Bitcoin Rewards Platform Lolli
Summary: Thesis, a venture capital firm focused on the Bitcoin ecosystem, has acquired the Bitcoin rewards platform Lolli to integrate into its broader ecosystem. The specific terms and amount of the transaction have not been disclosed. Thesis had previously incubated the Bitcoin rewards platform Fold, which later spun off into an independent company. Fold then merged ...
Thesis, a venture capital firm focused on the Bitcoin ecosystem, has acquired the Bitcoin rewards platform Lolli to integrate into its broader ecosystem. The specific terms and amount of the transaction have not been disclosed. Thesis had previously incubated the Bitcoin rewards platform Fold, which later spun off into an independent company. Fold then merged with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC), in July 2024 and went public on NASDAQ in February with the stock code FLD. (The Block)
