what's FG Nexus Inc.?
FG Nexus Inc. is a publicly traded company listed on NASDAQ under the ticker FGNX, specializing in digital asset treasury management with a primary focus on Ethereum (ETH). The firm maintains significant ETH reserves on its balance sheet alongside cash and stablecoins, strategically selling portions of its holdings to fund operations such as share repurchase programs aimed at acquiring stock below net asset value. In partnership with Securitize, FG Nexus has tokenized both its common shares (FGNX) and perpetual preferred shares (FGNXP) on the Ethereum blockchain. This enables compliant on-chain ownership, near-instant settlement, and the distribution of dividends directly via crypto rails, marking it as a pioneer in bridging traditional public equities with blockchain technology while preserving full regulatory and legal rights for holders.
FGNX CEO Maja Vujinovic spoke at Talking Tokenization; B. Riley set $8 target, 218% upside.
Reduced holdings by 7,550 ETH (worth $14.06 million) on 2026-02-24
Purchased 50,600 ETH at an average price of $3,940 (total value $200 million) during August-September 2025
Has sold a total of 21,000 ETH (worth $55.69 million) at an average price of $2,649 since November 2025
Has incurred a loss of $86.98 million from ETH investment holdings
CEO Maja Vujinovic participates in Talking Tokenization.
B. Riley sets price target of $8 with 218% upside, categorizing the project as an Ethereum Treasury Company.