Fold launches corporate BTC bonus program

Bitcoin-focused financial services application Fold (FLD) has announced the launch of a corporate Bitcoin bonus program. Under the program, companies can set bonus amounts aligned with their payroll cycles, and Fold will manage the conversion to an equivalent value in BTC, along with custody, vesting, and distribution. The company noted that the program can encourage long-term employee retention by offering vesting schedules for the bonuses. Fold plans to use this initiative as a launchpad to expand into the corporate Bitcoin financial services market.