FG Nexus will tokenize its shares on Ethereum in collaboration with Securitize

Techub News, according to Blockworks, reported that FG Nexus, a Nasdaq-listed company holding approximately 47,000 Ethereum, announced it will partner with tokenization specialist Securitize to tokenize its stock (including common and preferred shares) on the Ethereum blockchain. This initiative will allow investors to opt to convert their traditional shares into digital tokens on Ethereum, enabling real-time settlement and automated compliant on-chain transfers.

In addition to the tokenization efforts, FG Nexus continues to build its Ethereum-centric treasury. The company recently raised approximately $200 million through a private placement and currently holds around 47,000 Ethereum, valued at approximately $208 million.