First Digital Group and KOYN announce a non-binding letter of intent for a proposed business combination.
The combined company is expected to be publicly listed on a national securities exchange in the U.S.
First Digital Group is a global leader in digital asset infrastructure, providing stablecoin solutions and digital payments.
FDUSD Stablecoin
FDUSD is a USD-denominated stablecoin fully backed by cash and cash equivalents, reaching over US$4.4 billion in circulation.
Revenue Expectations
First Digital Group expects to report approximately US$80-$90 million in unaudited revenue for 2025.
Digital Ecosystem
First Digital operates a compliance-first regulated foundation offering stablecoin services and financial infrastructure solutions.
- First Digital's stablecoin FDUSD has gained significant market traction with over US$2 trillion in trading volume.
- The proposed business combination aims to create a strong presence in the digital payments and stablecoin market.
The collaboration between First Digital Group and KOYN marks a significant step towards establishing a global stablecoin and digital payments leader, poised to lead in the modern digital asset economy.