First Digital USD (FDUSD)
Release Time: 2023-06-01
Circulating Supply:334,456,418.36
Official Website: https://www.firstdigitallabs.com/
Whitepaper: https://resources.cryptocompare.com/asset-management/3242/1693209082602.pdf
About First Digital USD (FDUSD)
FDUSD is designed to maintain a 1:1 value with USD. It is minted and redeemed against USD by eligible, KYC-approved institutional account holders and is used as a trading, settlement, payment and DeFi liquidity asset. Reserves are stated to comprise cash and high-quality liquid cash equivalents and are subject to monthly third-party attestation. Target users are institutional market participants and secondary-market users, subject to venue and jurisdiction restrictions.
Special Token Risk Disclosure
The regulatory status of FDUSD and blockchain technology is ambiguous or undetermined in many jurisdictions, hence it is difficult to predict how or whether regulatory authorities will apply current regulations to FDUSD, blockchain technology, and its applications.
Management of Voting Rights for Virtual Assets
HashKey Exchange's policies concerning the handling of voting rights that may be associated with certain virtual assets traded on this platform:
Non-Exercise of Voting Rights: HashKey Exchange does not exercise voting rights associated with virtual assets on behalf of its users. The role of HashKey Exchange is strictly to provide a trading platform for these assets, not to participate in the governance of any assets that may confer voting rights.
Users' Exercise of Voting Rights: Users who wish to exercise any voting rights associated with their virtual assets are required to withdraw the respective assets from our platform.
HashKey Exchange encourages users to fully understand the rights associated with any virtual assets they may hold.
Warning Statements on Complex Products
- This token is a virtual asset and considered a Complex Product (as defined in the "Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission"). Please review the project website, whitepaper, other relevant materials ("Project Materials") and Virtual Asset Risk Disclosure below before making any investment decisions. Please refer to the Disclaimer below regarding the information from third-party links.
- Investors should exercise caution in relation to Complex Products.
- The Project Materials have not been reviewed by the SFC. Investors are advised to exercise caution in relation to the token.
- This token is only available to professional investors.
- Past performance is not indicative of future performance.
- Investors should read the Project Materials including but not limited to those disclosed on the website, the whitepaper, and Virtual Asset Risk Disclosure below to understand the key nature, features and risks of a Complex Product and are advised to seek independent professional advice before making any investment decision and should have sufficient net worth to be able to assume the risks and bear the potential losses of trading the token.
Disclaimer
The information on this page, including any third-party links, whitepapers, and audit reports, is for informational purposes only. We make no warranties about its accuracy, completeness, or suitability. The content may change and may not be up-to-date. We recommend verifying the information directly from the linked resources. We do not necessarily endorse any included links. Use of this information is at your own risk. Nothing on this page should be construed as investment advice. Virtual assets are subject to significant price volatility and risks. Please refer to Virtual Asset Risk Disclosure. If unsure about any financial decisions, please seek professional advice.
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