Organisations · Fintech or technology firm · Hong Kong
First Digital
Hong Kong digital asset trust and custody group; its FD121 Limited (First Digital Labs) issues FDUSD.
Also known as First Digital Labs, FD121 Limited, First Digital Trust
Headquarters: Hong Kong · used for “firms based in” filters (how location works)
Profile details (type, headquarters, description) not yet sourced.
Deployments
Each row is a sourced claim on that deployment's record. The evidence column shows the source and its grade; the numbers link to the full list below.
| Deployment | Role | Status | Evidence | Last reviewed |
|---|---|---|---|---|
| First Digital USD (FDUSD) | Platform provider, Issuer, Operator Issued by FD121 Limited (First Digital Labs). | Live (scaled) | B First Digital (via Cision / AAP), 6 Dec 2023[1] | Reviewed 25d ago |
| TrueUSD (TUSD) dollar stablecoin | Custodian First Digital Trust held the reserves from December 2020, appointed by Techteryx. | Live (scaled) | A High Court of Hong Kong (copy hosted by NewYorkConvention.org), 11 Feb 2025[2] | Reviewed 14d ago |
Sources
- [1]First Digital USD reaches US$1 billion market capitalisation — First Digital (via Cision / AAP), 6 Dec 2023. Accessed 11 Oct 2026.B
- [2]Techteryx Ltd v Legacy Trust Company Limited and others, HCA 1906/2023, [2025] HKCFI 665 — High Court of Hong Kong (copy hosted by NewYorkConvention.org), 11 Feb 2025. Accessed 22 Oct 2026. Court of First Instance decision of 11 Feb 2025 on jurisdiction over TrueCoin; its background section describes the acquisition and the reserve transfers..A
Spotted something out of date or missing? Suggest a correction, ideally with a source.