HomeFinTechFirst Digital Trust: Raises $2.15m in Bridge Funding

First Digital Trust: Raises $2.15m in Bridge Funding

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  • First Digital Trust, a Hong Kong-based qualified custodian and trustee capable of holding both traditional and digital assets, secured $2.15m in funding
  • The convertible note round – led by private investors including Nogle – has enabled the company to launch a debit and credit card rail that will allow its clients to accept card payments
  • First Digital Trust is a technology-driven financial institution offering solutions for the delivery of digital asset custody and powers next-generation financial service solutions
  • The investment follows the integration of Fireblocks, establishing FDT as a provider of custodial and trustee services for investors, family offices, traditional financial institutions and digital asset exchanges
  • Partnerships also include Elliptic, Ledger, and BnkToTheFuture
  • The company is the digital asset spin-off from Legacy Trust, who have been experts in trust, custody and asset servicing since 1992
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