Vincent Chok
CEO, First Digital Trust
Editor's brief
The desk's read on First Digital Labs
Rose to relevance after Binance delisted BUSD in 2024; survived an April 2025 depeg-rumour episode. Smaller auditor than peers and a less-tested track record under stress.
Tokens issued
Tokens issued by First Digital Labs
| Ticker | Name | Type | Pegged to | Primary chain | Market cap |
|---|---|---|---|---|---|
| FDUSD | First Digital USD | stablecoin-usd | US Dollar | Multi-chain | $2B+ |
Reserves & transparency
What backs First Digital Labs's tokens
Backing health
—
Reserves / liabilities · per Monthly 2025 attestation
Editorial note: we never characterize an issuer as "fully audited" unless the report scope is a full audit (per spec §3). The label above reflects what Prescient Assurance actually delivered.
Leadership
Who runs First Digital Labs
Regulatory posture
Where First Digital Labs operates
| Jurisdiction | Regulator | Status | License # | Notes |
|---|---|---|---|---|
| Hong Kong | Companies Registry / TCSP | Active | — | First Digital Trust is a registered Hong Kong public trust company. |
First Digital Labs in the news
Latest coverage
No recent First Digital Labs coverage indexed yet. New stories appear here as they're published.
Frequently asked questions
About First Digital Labs
No published FAQs yet for First Digital Labs. Editorial Q&As will appear here as they are sourced and verified.