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Vincent Chok

Verified account First Digital Labs

@vchok

Founder and CEO @FirstDigitalHQ
Hong Kong 1stdigital.com Joined March 2011
64 Following 1.2K Followers 227 Posts

Latest posts 5

Vincent Chok Verified account @vchok
Last week’s incident involving Binance was a reminder that security remains fundamental to building trust in digital assets.

I spoke with The National News and Khaleej Times about how institutions view security risks and what incidents like this mean for confidence in the industry.

One thing that stood out was how quickly the industry came together. Exchanges, stablecoin issuers and networks shared information and worked to limit the movement of affected funds.

No financial system is without risk. What matters is how the industry responds when challenges arise.

Read more:
The National News: tinyurl.com/y4ccsv7k
Khaleej Times: tinyurl.com/mwtwfj3k
www.thenationalnews.com How the Binance heist raises regulatory and investment questions | The National Investor worries and regulatory scrutiny are expected to be in focus amid fallout from hack
Vincent Chok Verified account @vchok
We’re aware of the recent hack at @binance.

FDUSD stolen in the attack has been frozen, and we’re monitoring the situation closely.

Our priority is protecting FDUSD holders.
In light of the recent @binance hack, @FirstDigitalHQ has taken proactive steps to freeze FDUSD linked to the incident. We’re working alongside the Binance team and will share updates as we have them.

Protecting users and stopping bad actors from moving stolen funds is a responsibility we all share.
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Vincent Chok Verified account @vchok
HSBC has launched RedCoin, its HKD stablecoin, on PayMe. More than 3.3 million users in Hong Kong can now use it to send money and pay at over 100,000 merchants.

This is the right way to grow stablecoin use. People don’t need to download a new wallet or open an exchange account. They can use it in an app they already use every day.

The more people use stablecoins like this, the more comfortable the wider market will get with them.

I shared a few thoughts with CoinDesk on this: coindesk.com/business/2026/…
www.coindesk.com HSBC rolls out its firststablecoin to over 3 million everyday app users HSBC and Standard Chartered-led Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began rolling out HKDAP in August.
Vincent Chok Verified account @vchok
A busy and productive week at @TOKEN2049, from First Digital’s business combination agreement signing to discussions on the future of stablecoins and digital payments.

At @stblcnsummit, I joined @Hassan_NY, Alice Truong (@Nuvei), Jackie Zhang (Bridge) and Francesco Andreoli (@MetaMask) to discuss agentic payments and machine-to-machine settlement.

Thank you to everyone who connected with us. Always good to be back in Singapore, with plenty more to build! 🇸🇬
Vincent Chok Verified account @vchok
We’re building stablecoin infrastructure, not just one stablecoin.
FDUSD stays core, but the platform will work with other stablecoins too, for FX, settlement and agentic payments.

On agents, stablecoins are the only thing an AI agent can actually settle with on its own today. Still very early days. And no, you shouldn’t put a million dollars in your agent wallet.

Full interview: alphawire.xyz/news/stablecoi…
alphawire.xyz First Digital Eyes Stablecoin Infrastructure Role Ahead of Nasdaq Deal First Digital CEO Vincent Chok discusses Nasdaq listing plans, multi-stablecoin infrastructure, AI-agent payment risks, and cross-border settlements.