CSLM Digital Asset (KOYN) non-binding LOI to combine with stablecoin issuer First Digital Group

CSLM Digital Asset Acquisition Corp III, Ltd

SPAC KOYN entered non-binding LOI with First Digital Group, a leading stablecoin and digital asset infrastructure provider.
First Digital issues FDUSD stablecoin with over 10B in circulation and listed on 100+ exchanges since 2022.
Transaction subject to due diligence, definitive agreement, regulatory approvals, and other conditions.
Cohen & Company Capital Markets advises First Digital; Loeb & Loeb LLP and DLA Piper serve as legal counsel.

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