FG Nexus, formerly known as Fundamental Global Inc., has announced a shift to a new business model focused on Ethereum and tokenization of real assets. This decision positions FG Nexus as one of the first public companies to adopt Ethereum as a treasury reserve asset.
FG Nexus Business Model
FG Nexus is developing an active Ethereum-based treasury. The company plans to use investor capital to accumulate ETH, deploy it through staking, and engage with protocols offering tokenized real asset exposure. The key focus areas of the strategy include:
* Acquiring Ethereum as a core reserve asset * Generating yield through ETH staking * Leveraging tokenized real assets to diversify income streams * Offering equity-like exposure to Ethereum with added yield generation benefits
This model positions FG Nexus as an alternative to passive Ethereum ETFs and Bitcoin-focused corporate treasuries.
Fundraising Details
In July 2025, FG Nexus completed a significant private placement round:
* Total Capital Raised: $200 million * Structure: 40 million pre-funded warrants * Price per Warrant: $5
This fundraising enables the company to execute its Ethereum-first strategy while remaining a publicly listed equity vehicle.
Capital Allocation Plan
The company has outlined a clear plan for deploying the raised capital:
* Purchase and hold #Ethereum as a reserve asset * Stake ETH using institutional-grade infrastructure provided by Kraken and Galaxy Digital * Invest $ETH into tokenized real asset protocols to enhance yield * Expand internal operations to support treasury, compliance, and governance
By doing so, FG Nexus intends to generate yield from its Ethereum holdings while participating in the growing decentralized finance ecosystem.
FG Nexus is pioneering a new approach to corporate finance by integrating Ethereum directly into its treasury strategy. With strong institutional backing and a clearly defined use of funds, FG Nexus is well-positioned to serve as a model for other public companies seeking blockchain-native exposure.
