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MetaEra news, on May 16 (UTC+8), Bitcoin financial service company Fold Holdings reported a revenue of $7.1 million in the first quarter, a year-on-year rise of 44%, but the net loss widened to $48.9 million. The company's Bitcoin open interest increased to 1,490 coins, worth $150 million, a 50% rise compared to the fourth quarter of last year. The company's trading platform processed a volume of $250 million in the first quarter, with active accounts surpassing 600,000. The company just completed its NASDAQ listing in February this year, and the current value of its Bitcoin holdings accounts for about 35% of its market capitalization. (Source: PANews)