FG Nexus Invests $200 Million in Ethereum to Acquire 10% Stake

FG Nexus Inc., formerly Fundamental Global, has made a significant move by acquiring $200 million worth of Ether (ETH) to secure a 10% stake in the Ethereum network. This strategic investment will see FG Nexus transform ETH into its primary treasury asset, potentially influencing corporate crypto management practices globally. The company’s CEO, Maja Vujinovic, spearheaded this ambitious strategy that aims to establish ETH as the core of their financial holdings.