First Digital partners with ITCEN to target $7.2 billion gold RWA and enterprise stablecoin settlement

First Digital, the issuer of the FDUSD stablecoin, has signed a memorandum of understanding with the South Korean listed company ITCEN Group. The partnership aims to build on-chain financial infrastructure connecting the Korean RWA market with global liquidity. ITCEN plans to tokenize 50 tons of gold, valued at approximately $7.2 billion, over the next five years. Additionally, the collaboration will explore enterprise-level settlement scenarios using FDUSD and support First Digital's efforts to obtain regulatory licenses in South Korea.