CSLM Digital Asset Acquisition Corp III signs deal to take First Digital public in USD 250 million transaction
Bitget2026/10/06 21:00First Digital signed a business combination agreement with Nasdaq-listed CSLM Digital Asset Acquisition Corp III (KOYN) to go public. The deal values First Digital at USD 250 million on a pre-money equity basis; closing targeted for H1 2027. The combined group is expected to trade on Nasdaq via a new Cayman Islands holding company. First Digital generated about USD 87 million in revenue for the fiscal year ended June 30, 2025. First Digital issues the FDUSD stablecoin; it reported more than USD 4.7 trillion cumulative trading volume as of June 30, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CSLM Digital Asset Acquisition Corp III Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610061700PRIMZONEFULLFEED9840817) on October 06, 2026, and is solely responsible for the information contained therein.
- First Digital signed a business combination agreement with Nasdaq-listed CSLM Digital Asset Acquisition Corp III (KOYN) to go public.
- The deal values First Digital at USD 250 million on a pre-money equity basis; closing targeted for H1 2027.
- The combined group is expected to trade on Nasdaq via a new Cayman Islands holding company.
- First Digital generated about USD 87 million in revenue for the fiscal year ended June 30, 2025.
- First Digital issues the FDUSD stablecoin; it reported more than USD 4.7 trillion cumulative trading volume as of June 30, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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