First Digital Group, the Hong Kong-based custodian and issuer of the FDUSD stablecoin, is reportedly seeking a U.S. listing. CryptoBriefing announced that First Digital has submitted a Letter of Intent (LOI) to merge with CSLM Digital Asset, a New York-based Special Purpose Acquisition Company (SPAC). This move signals First Digital's ambition to expand its reach in the cryptocurrency market, particularly within the U.S. A SPAC merger would provide quicker access to public markets compared to a traditional IPO. This can provide a large infusion of capital necessary for growth and new initiatives. While details of the potential merger are still emerging, this development highlights the growing interest in regulated stablecoins and institutional crypto custody solutions. A successful listing could boost FDUSD's visibility and adoption, further solidifying First Digital's position in the digital asset space. ```