Bitcoin-based rewards app Fold has announced plans to launch as a publicly traded company on the Nasdaq at an implied valuation of $365 million. Fold inked an agreement to go public by way of a business combination deal with special purpose acquisition company (SPAC) FTAC Emerald Acquisition, according to a July 24 statement. Unlike a traditional IPO — where a private company issues new shares and then sells them on a public exchange — a SPAC transaction occurs when a private company goes public by merging with a shell company. Following the completion of the SPAC transaction, Fold will launch…