FIRST DIGITAL

First Digital, Headquartered in Hong Kong, is Asia's premier qualified custodian and registered trust company, specializing in bridging the gap between traditional and digital finance. Established in 2019, the company has quickly gained recognition, even being named one of the 'Emerging Giants in Asia Pacific' by KPMG and HSBC in 2022. First Digital's latest innovation is the introduction of a new stablecoin, FDUSD, issued by its subsidiary, FD121 Limited. This U.S. dollar-pegged digital currency aims to bring stability and efficiency to the volatile cryptocurrency market. FDUSD is backed 1:1 by U.S. dollars or equivalent assets, held in segregated accounts in regulated financial institutions. This ensures that the stablecoin is fully redeemable and fosters user confidence. The stablecoin is not just a digital currency but a programmable asset capable of executing financial contracts, escrow services, and insurance without the need for intermediaries. First Digital is committed to transparency and regulatory compliance, working closely with both local and international authorities. CEO Vincent Chok emphasizes that FDUSD is a significant milestone in providing a secure and efficient digital currency, especially in times of global financial uncertainty. With its innovative technology and focus on trust, First Digital is setting new standards in the digital currency space.