FG Nexus Invests $200 Million in Ethereum, Shifting Crypto Market Landscape

A significant investment by FG Nexus, formerly Fundamental Global, has shaken up the cryptocurrency market. The company’s purchase of 47,331 Ether (ETH) for a whopping $200 million signals an increasing trend of institutional investors entering the crypto space. This bold move is not merely speculation; FG Nexus aims to secure a considerable 10% stake in Ethereum’s total supply, demonstrating a long-term vision rather than short-term gains.