According to Foresight News and reported by The Block, Thesis, which focuses on venture capital in the Bitcoin ecosystem, has acquired the Bitcoin rewards platform Lolli to integrate it into its broader ecosystem, with specific transaction terms and amounts yet to be disclosed.
Thesis previously incubated the Bitcoin rewards platform Fold, which later officially spun off as an independent company. Fold subsequently reached a merger agreement with FTAC Emerald Acquisition Corp. for a special purpose acquisition company (SPAC) in July 2024 and went public on NASDAQ in February under the stock code FLD.
