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First Digital Trust

Hong Kong · Founded 2017 · CEO: Vincent Chok · IPO Filed · ↗ Website

First Digital Trust is a Hong Kong-based financial services firm specializing in digital asset custody and trust solutions, known for issuing the FDUSD stablecoin.

Products

FDUSD active $401M
First Digital USD
Fiat Backed

First Digital USD (FDUSD) is a fiat-backed stablecoin pegged to the U.S. dollar, ensuring a 1:1 redemption ratio.

Overview

First Digital Trust Limited is a financial services firm based in Hong Kong, specializing in digital asset custody and trust solutions. Founded in 2017, the company is led by CEO Vincent Chok and is preparing to go public via a SPAC merger.

Regulatory Status

The company holds a Hong Kong Trust or Company Service Provider (TCSP) License and operates as a registered trust company under the Trustee Ordinance.

Key Products

First Digital Trust issues FDUSD, a stablecoin pegged 1:1 to the U.S. dollar, backed by cash and short-term U.S. government debt.