Hong Kong-based crypto firm First Digital Trust raises $20 million

Oluwajuwonlo Afolabi -

First Digital Trust, a digital asset unit of the Legacy Trust firm based in Hong Kong has raised $20 million in its Series A funding round from Nogle and Kenetic Capital.

  • The funds will be used to build its secondary markets for private equity and digital assets and enter into new markets including the British, Singaporean, and Canadian.
  • First Digital Trust is a technology-led financial organization providing financial services in the digital asset industry.
  • Legacy Trust, the Hong Kong-based firm is offering integrated financial planning solutions using multi-generational models.