Acquiring Company
Nasdaq
Acquired Company
First Digital Group Limited
New YorkFinancial ServicesFinanceFintechFinancial ServicesFinanceFintechCryptocurrencyLendingDescription
CSLM Digital Asset Acquisition Corp III, Ltd. has signed a definitive agreement to acquire First Digital Group Limited, valuing the company at $250 million. Following the transaction, First Digital will become a wholly owned subsidiary of a new holding company listed on Nasdaq. The closing of the acquisition is expected in the first half of 2027, subject to shareholder and regulatory approvals.
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Frequently asked
Who acquired First Digital Group Limited?
First Digital Group Limited was acquired by Nasdaq, based in New York. The deal was reported on October 6, 2026. Nasdaq is publicly traded (NDAQ) and operates in Financial Services.
When did Nasdaq acquire First Digital Group Limited?
Nasdaq's acquisition of First Digital Group Limited was reported on October 6, 2026. CSLM Digital Asset Acquisition Corp III, Ltd. has signed a definitive agreement to acquire First Digital Group Limited, valuing the company at $250 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does First Digital Group Limited do?
First Digital Group Limited is a cryptocurrency and digital asset company known for launching FDUSD, a USD-referenced stablecoin in 2023. The firm develops the Finance District, an on-chain ecosystem aimed at supporting the agentic economy. It is privately held, operating in Financial Services.
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