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.
| Product | Backing | Status | Market cap |
|---|---|---|---|
| FDUSDFirst Digital USD | Fiat Backed | Active | $326M |
| Legal name | First Digital Trust Limited |
| Founded | 2017 |
| Headquarters | Hong Kong |
| Stage | IPO Filed |
| CEO | Vincent Chok |
| Founders | Vincent Chok |
| Funding rounds | Round Seed · Amount $3M · Year 2020 · Investors: Nogle |
| Regulatory status | Jurisdiction Hong Kong SAR · License type Trust or Company Service Provider Licence under AMLO · Status LicensedJurisdiction Hong Kong SAR · License type Registered trust company under Trustee Ordinance (Cap. 29) section 78(1) · Status Licensed |
| Website | https://firstdigital.com |
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. The company holds a Hong Kong Trust or Company Service Provider (TCSP) License and operates as a registered trust company under the Trustee Ordinance.