Thesis acquires Bitcoin rewards platform Lolli

ChainCatcher news, according to 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. The specific terms and amount of the deal have not been disclosed.

Thesis previously incubated the Bitcoin rewards platform Fold, which later spun off into an independent company. Fold subsequently reached a merger agreement with FTAC Emerald Acquisition Corp. in July 2024, and went public on Nasdaq in February under the ticker symbol FLD.