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.

first digital

FDUSD Stablecoin Debuts on Sui Network, Expanding DeFi Reach

First Digital's FDUSD stablecoin is now listed on the Sui Network, marking its expansion into DeFi and interoperability with non-EVM chains.

by Jessie A Ellis
Apr 10, 2024

first digital

First Digital Group Launches New Stablecoin FDUSD to Revolutionize Global Finance

Asia's leading trust company and qualified custodian, First Digital, is making waves in the global financial ecosystem with the announcement of its new stablecoin, First Digital USD (FDUSD)

by Jessie A Ellis
Jun 01, 2023

first digital

Fireblocks Debut Crypto Payments Engine After Successful Trial With Checkout.com

Fireblocks is expanding its crypto offerings with new payment engine

by Godfrey Benjamin
Oct 25, 2022

first digital

Fireblocks Acquires Stablecoin Payments Startup- First Digital

Fireblocks - digital asset custody, transfer, and settlement platform - announced its acquisition of First Digital.

by Godfrey Benjamin
Feb 17, 2022

First Digital

Trending topics