- CEO
- Vikas K. Mittal
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2400 E. Commercial Boulevard Fort Lauderdale FL Cayman Islands 33308
- IPO Date
- Aug 27, 2025
- Business
- CSLM Digital Asset Acquisition Corp III, Ltd (Nasdaq: KOYN) is a blank check company whose principal business activity is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, with a focus on sectors including technology, financial services, media, cryptocurrency, digital assets, and blockchain infrastructure such as wallets, custody solutions, exchanges, data protocols, tokenized financial instruments, payments, decentralized finance, and cross-border finance. Incorporated in 2024 as a Cayman Islands exempted company (formerly known as CSLM Acquisition Corporation II, Ltd) and headquartered at 2400 E. Commercial Boulevard, Suite 900, Fort Lauderdale, Florida 33308, United States, the company completed a $230 million initial public offering on August 27, 2025, through the sale of 23 million units at $10.00 each on the Nasdaq Global Market, including the full exercise of underwriters' over-allotment option; each unit consists of one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50 per share, complemented by a concurrent private placement of 891,250 units raising $8.9 million to sponsor CSLM Acquisition Sponsor II, Ltd and Cohen & Company Capital Markets. On December 2, 2025, the company entered into a non-binding letter of intent for a proposed reverse merger transaction with First Digital Trust Limited (or First Digital Group Ltd) and affiliates, a Gibraltar-based provider of stablecoin and digital asset infrastructure, subject to due diligence, definitive agreements, board and shareholder approvals, regulatory clearances, and customary closing conditions; Cohen & Company Capital Markets served as financial advisor and Loeb & Loeb LLP as legal advisor to CSLM, while DLA Piper advised First Digital. The company reports under SIC Code 6770 (Shell Companies) in the Financials sector with a fiscal year ending December 31; key executives include Chief Executive Officer Charles Cassel and Chief Financial Officer Vikas Mittal.