First Digital plans to list on NASDAQ at a valuation of $250 million

FDUSD issuer First Digital has reached a merger agreement with CSLM Digital Asset Acquisition Corp III, with a pre transaction valuation of $250 million, and is expected to go public in the first half of 2027. As of June 30, 2026, the cumulative trading volume of FDUSD exceeded $4.7 trillion. For the fiscal year ending on June 30, 2025, First Digital achieved a revenue of approximately $87 million. First Digital's Finance District platform has launched four products.