FG Nexus Partners with Securitize to Tokenize NASDAQ Shares on Ethereum
FG Nexus Partners with Securitize to Tokenize NASDAQ Shares on Ethereum

FG Nexus Partners with Securitize to Tokenize NASDAQ Shares on Ethereum

News summary

FG Nexus is partnering with Securitize to tokenize its Nasdaq-listed common and preferred shares on the Ethereum blockchain, making it one of the first companies to offer tokenized stock ownership with real-time settlement and automated compliance. This initiative uses Securitize's regulated infrastructure, ensuring the tokenized shares have the same legal protections as traditional stock and can be traded onchain through a regulated Alternative Trading System. FG Nexus is also pioneering the tokenization of dividend-paying, exchange-listed perpetual preferred shares, aiming to enhance liquidity and investor rights. The company recently raised about $200 million to build its Ethereum treasury, now holding approximately 47,000 ETH valued around $208 million. Despite these innovations, FG Nexus faces financial challenges including negative operating margins and declining revenue, with analysts rating its stock as a Hold and noting bearish technical indicators. Overall, FG Nexus is positioning itself at the forefront of blockchain-enabled financial markets by integrating programmable equity with regulatory compliance and institutional-grade Ethereum accumulation.

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