First Digital has secured $20.0 million in a recent funding round, marking a significant milestone for the company. This capital injection will support First Digital's mission to deliver next-generation financial services for global businesses and individuals thriving in the digital asset economy.
First Digital specialises in providing bespoke multi-asset Stablecoin, Payments, Custody, and Trust solutions. The company is known for its deeply liquid and zero-fee stablecoin portfolio, including FDUSD, a fully backed stablecoin. Its services also encompass streamlining cross-border payments, fortifying treasury operations with multi-asset custody, and offering structured trust and advisory expertise. First Digital serves a diverse client base, including regulated financial institutions, blockchain start-ups, money service businesses, and family offices across APAC, the UK, and the Middle East.
The company plans to use the newly raised funds for growth initiatives. This includes enhancing its technology infrastructure, expanding its comprehensive suite of digital asset services, and strengthening its operational capabilities across its key markets. First Digital maintains a strong commitment to regulatory compliance, aligning with Hong Kong’s Anti-Money Laundering and Counter-Terrorist Financing Ordinance, holding a Hong Kong Trust Ordinance license, and being SOC1 Type 2, SOC2 Type 2, and ISO 27001 Certified.
This funding round underscores investor confidence in First Digital's robust platform and its strategic position within the evolving digital finance landscape. The company is poised to continue its trajectory of innovation, further enabling its clients to navigate and succeed in the complex digital asset economy.
