Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
A big news has come from Hong Kong - stablecoin player First Digital Group plans to go public through a SPAC. They are targeting a special purpose acquisition company in the U.S. called CSLM Digital Asset Acquisition Corp III, and both parties have already signed a letter of intent, but they are not at the finalization stage yet.
Informed sources reveal that this round of operations may be paired with PIPE financing, and specific plans are still under discussion. It is worth mentioning that First Digital is the company that issued FDUSD, a stablecoin that has quite a presence in the market. If the transaction goes smoothly, it will add another legitimate player in the stablecoin sector.
---
SPAC is back again, nowadays anything can be SPACed.
---
First Digital is playing this hand well, FDUSD really has some presence.
---
Another one trying to ride the listing wave, let's talk after the trade is confirmed.
---
The stablecoin track is getting more competitive, now there's something to watch.
---
Signing a letter of intent is considered a commitment? Too naive, fren.
---
PIPE financing + SPAC, what are they trying to play people for suckers?
---
Speaking of which, FDUSD is indeed more reliable than some stablecoins.
---
A Hong Kong company listing in the US, here we go again with this routine.
---
Stablecoin正规军? I see it as adding another potential risk source.
First Digital really has something going on, there has to be a leading player in the stablecoin space.
SPAC listing... will it work this time? I still feel like we have to wait and see.
The Hong Kong team has an advantage in making stablecoins, it depends on how the U.S. side cooperates.
Another one going for compliance, is this a good thing or a bad thing?
The stablecoin track is becoming increasingly competitive.
Daring to sign a letter of intent shows they still have confidence, FDUSD's breakout is just around the corner.
If this round of financing goes through, the Hong Kong team deserves a thumbs up.
Waiting for it to land, it's too early to say anything now.
PIPE financing is already being brought out, this is serious.
---
Another SPAC listing is here, feels like this trick is getting a bit common lately
---
Still talking about PIPE, let's hope it doesn't end up in a mess again
---
With so much competition in the stablecoin space, only a few will truly survive
---
FDUSD has some substance, getting a shell identification is really different this time
---
The letter of intent has been signed but nothing is finalized yet? How long can this friction last
---
To be honest, the SPAC risks in the U.S. are a bit high, we need to see how the negotiations go
---
The mainstream identification sounds good, but I'm worried it will just be another performance after the listing