BlockBeats News, December 1st, according to Bloomberg’s source, as cryptocurrency companies seek to go public in a more favorable regulatory environment, First Digital Group (issuer of FDUSD) is planning to go public through a merger with a special purpose acquisition company (SPAC).
According to sources familiar with the matter who requested anonymity, this Hong Kong-based company is set to announce the signing of a non-binding letter of intent outlining the merger plan with New York-listed SPAC company CSLM Digital Asset Acquisition Corp III. Further details have not been disclosed.
