[FDUSD Issuer First Digital Reaches $250 Million Nasdaq Listing Agreement] According to Techinasia, Hong Kong-based digital asset company First Digital Group Limited (issuer of the FDUSD stablecoin) has signed a definitive business combination agreement with Nasdaq-listed SPAC company CSLM Digital Asset Acquisition Corp III (stock symbol: KOYN). The pre-transaction equity valuation is $250 million. Upon completion, First Digital will become a wholly-owned subsidiary of a new Cayman holding company, with existing shareholders exchanging their shares for Class A common stock. The merged company is expected to be listed on Nasdaq in the first half of 2027.