Market Chatter: Stablecoin Firm First Digital Mulls US Listing Via SPAC Merger

MT Newswires Live

Dec 02, 2025

Hong Kong-based stablecoin firm First Digital is planning to go public by merging with CSLM Digital Asset Acquisition Corp III (KOYN), a special purpose acquisition company, Bloomberg reported Monday, citing people familiar with the matter.

First Digital is expected to announce the signing of a non-binding letter of intent outlining a plan to merge with CSLM Digital Asset Acquisition, the people said, according to the report.

CSLM Digital Asset Acquisition did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 9.99, Change: +0.03, Percent Change: +0.30

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 9.99, Change: +0.03, Percent Change: +0.30</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KOYN","symbol_name":"CSLM Digital Asset Acquisition Corp III Ltd","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2588704777","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588704777","pubTimestamp":1764619378,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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