TechFlow news, July 2 — According to The Block, Bitcoin venture studio Thesis has acquired the Bitcoin rewards platform Lolli. Following the acquisition, the Lolli platform will be integrated into Thesis' broader ecosystem, which also includes the Bitcoin financial platform Mezo and the trust-minimized bridging protocol tBTC.
Lolli, founded in 2018, allows users to earn Bitcoin and cashback when shopping at over 50,000 retailers or playing more than 1,000 mobile games.
Thesis previously incubated the Bitcoin rewards platform Fold, which was later spun off as an independent company. Fold completed a SPAC merger with FTAC Emerald Acquisition Corp. in July 2024 and began trading on Nasdaq under the ticker FLD in February 2025.
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