Recent Updates — KOYNW

CSLM Digital Asset Acquisition Corp III (KOYN) entered into a definitive business combination agreement with First Digital Group Ltd. The transaction values First Digital at $250 million on a pre-money equity basis and involves First Digital redomiciling from Gibraltar to the Cayman Islands before merging with KOYN's subsidiary. Closing is expected in the first half of 2027, subject to shareholder and regulatory approvals. First Digital issues the FDUSD stablecoin and develops Finance District infrastructure for AI agents.