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

Dec 01, 2025 23:24:53

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Hong Kong stablecoin company First Digital Group plans to go public through a merger with a special purpose acquisition company (SPAC).

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

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