First Digital Eyes Agentic Commerce Expansion With SPAC Listing

FDUSD Issuer First Digital to Go Public on Nasdaq in $250 Million SPAC Deal

The valuation reflects a stablecoin whose circulation has fallen more than 90% from its 2024 peak, and the company is pitching investors on an AI-agent payments business that it says does not yet generate material revenue.

First Digital Eyes Agentic Commerce Expansion With SPAC Listing

Hong Kong-based stablecoin issuer First Digital says it is ready for its stock market debut, with a Nasdaq listing via a SPAC merger.

First Digital agrees $250M SPAC merger to go public

Market briefing: First Digital has signed a definitive deal to go public via a Nasdaq-listed SPAC at a $250 million valuation. It barely moved price, with BTC near $84,520, down 1.4 percent on the day, but it widens the on-ramp between crypto infrastructure and public capital. First Digital signed a definitive business combination with a Nasdaq-listed SPAC, valuing it at $250 million pre-money. The deal is a company-specific traditional finance…

First Digital Signs Definitive Agreement to Become a Publicly Listed Company to Build the Infrastructure for the Agentic Economy

HONG KONG and NEW YORK, Oct. 06, 2026 (GLOBE NEWSWIRE) -- First Digital Group Limited (together with its subsidiaries, "First Digital") has signed a definitive business combination agreement (the "BCA") with CSLM Digital Asset Acquisition Corp III, Ltd. (Nasdaq: KOYN) ("KOYN"). First Digital is the group behind the FDUSD stablecoin and the developer of Finance District. KOYN is a special purpose acquisition company, or SPAC, listed on...