Bloomberg: FDUSD Issuer First Digital Plans to Go Public on the US Stock Market Through SPAC Merger

By: theblockbeats.news|2025/12/01 23:45:56

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BlockBeats News, December 1st, according to Bloomberg's source, as cryptocurrency companies seek to go public in a more favorable regulatory environment, First Digital Group (issuer of FDUSD) is planning to go public through a merger with a special purpose acquisition company (SPAC).

According to sources familiar with the matter who requested anonymity, this Hong Kong-based company is set to announce the signing of a non-binding letter of intent outlining the merger plan with New York-listed SPAC company CSLM Digital Asset Acquisition Corp III. Further details have not been disclosed.

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