First Digital, issuer of FDUSD, to go public on Nasdaq via $250M KOYN deal
- —First Digital Group valued at $250M pre-money in the KOYN deal
- —Merger with SPAC CSLM Digital Asset Acquisition Corp III will list it on Nasdaq
- —First Digital is the issuer of the FDUSD stablecoin
Why it matters: A stablecoin issuer listing on Nasdaq reinforces the trend of crypto firms going public and could boost confidence in FDUSD.
Source: Seeking Alpha Crypto