by: xpoolPosted on:

Century-Old Financial Giant Bets $10 Billion on Ethereum, Launching Big Spending ‘Moonshot’?

A century-old financial institution has boldly announced plans to purchase 10% of Ethereum’s total supply, aiming to become a major player in the crypto market. Fundamental Global Inc. (FG Nexus), now renamed FG Nexus, has revealed ambitions to amass $5 billion in funding through strategic securities issuance to acquire ETH, sparking debate within the industry about its feasibility and the potential impact on the blockchain ecosystem.

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