Hong Kong stablecoin company First Digital plans to go public via SPAC

ChainCatcher reported that Hong Kong-based stablecoin company First Digital Group plans to go public through a merger with a Special Purpose Acquisition Company (SPAC).

According to sources familiar with the matter, First Digital Group will announce the signing of a letter of intent outlining a merger plan with CSLM Digital Asset Acquisition Corp III, a SPAC listed in New York.