First Digital Trust

Hong Kong · Founded 2017 · CEO: Vincent Chok · Private · ↗ Website

First Digital Trust Limited 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 $384M
First Digital USD
Fiat Backed

First Digital USD (FDUSD) is a fiat-backed stablecoin maintaining a 1:1 peg with the U.S. dollar, issued by First Digital Trust.

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 by Vincent Chok, the company is private and does not have a publicly traded stock ticker.

Regulatory Status

The company holds a Hong Kong Trust or Company Service Provider (TCSP) License (TC006771) and operates as a registered trust company under the Trustee Ordinance.

Key Products

First Digital Trust issues FDUSD, a stablecoin fully backed by cash and cash equivalents, ensuring a 1:1 USD redemption.