| Item 1. | |
| (a) | Name of issuer:
DIGIASIA CORP. |
| (b) | Address of issuer's principal executive offices:
ONE RAFFLES PLACE #28-02, ONE RAFFLES PLACE #28-02, SINGAPORE, SINGAPORE, 048616. |
| Item 2. | |
| (a) | Name of person filing:
This Schedule 13G is filed by the following (the "Reporting Persons"): (1) Arena Investors, LP (the "Adviser"); (2) Arena Investors GP, LLC (the "Adviser GP"); (3) Arena SPV Manager, LLC (the "Manager"); and (4) Helena Special Opportunities, LLC ("Helena"). Helena is a private investment vehicle. Helena directly beneficially owns the Ordinary Shares reported in this statement. The Manager is the manager of Helena. The Adviser is the sole member of the Manager. The Adviser GP is the general partner of the Adviser. The Adviser, the Adviser GP and the Manager may be deemed to beneficially own the Ordinary Shares directly beneficially owned by Helena. Each Reporting Person disclaims beneficial ownership with respect to any Ordinary Shares other than the Ordinary Shares directly beneficially owned by such Reporting Person. |
| (b) | Address or principal business office or, if none, residence:
The principal business office of the Reporting Persons is 2500 Westchester Avenue, Suite 401, Purchase, New York 10577. |
| (c) | Citizenship:
For citizenship or place of organization see Item 4 of the cover page of each Reporting Person. |
| (d) | Title of class of securities:
Ordinary Shares, $0.0001 par value per share |
| (e) | CUSIP No.:
G27617102 |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) |  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
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| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| | |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
Aggregate - 0 shares; see also Item 9 on the cover page for each Reporting Person. Pursuant to Form 25, filed by DigiAsia on September 22, 2025, the Reporting Persons no longer beneficially owns more than 5%. |
| (b) | Percent of class:
Aggregate - 0%; see also Item 11 on the cover page for each Reporting Person. |
| (c) | Number of shares as to which the person has:
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| | (i) Sole power to vote or to direct the vote:
See Item 5 on the cover page for each Reporting Person.
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| | (ii) Shared power to vote or to direct the vote:
See Item 6 on the cover page for each Reporting Person.
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| | (iii) Sole power to dispose or to direct the disposition of:
See Item 7 on the cover page for each Reporting Person.
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| | (iv) Shared power to dispose or to direct the disposition of:
See Item 8 on the cover page for each Reporting Person.
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| Item 5. | Ownership of 5 Percent or Less of a Class. |
| | 
Ownership of 5 percent or less of a class
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
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Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
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Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. |
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Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
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Not Applicable
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