TL;DR
- FG Nexus is carrying out a restructuring to become a company focused on a crypto treasury and on asset tokenization.
- The company raised a $200 million funding round and signed an alliance with Securitize to tokenize shares and build a platform that digitizes traditional assets.
- In addition, it activated a $200 million buyback program, selling 10,922 ETH to acquire 3.4 million shares.
FG Nexus is executing a deep restructuring to transform its business into a company centered on a digital assets treasury and on a model where real-world asset tokenization becomes the strategic core.
The company is listed on Nasdaq and manages an asset position dominated by Ethereum (ETH), complemented with cash, USDC and a yield policy based on staking and financial strategies aligned with the growth of a digital finance ecosystem.
FG Nexus Is Reinventing Itself
The company launched a strategy focused on building a platform that enables traditional assets to be converted into tradeable digital instruments, aiming to offer blockchain-based solutions that can integrate into markets where value validation depends on utility, transparency and direct settlement capacity. To develop this model, the company completed a $200 million capital round and signed an alliance with Securitize to natively tokenize its FGNX and FGNXP shares.
The operational reconfiguration resulted in the elimination of certain legacy businesses and the transfer of assets to the CVR Trust. The company is planning the sale of properties and a reinsurance operation that no longer fit with the new strategic direction. FG Nexus aligned its transition with a $200 million share buyback program designed to increase per-share value.
Q3 2025 Results
At the end of the third quarter of 2025, the company held 50,778 ETH, $7.5 million in cash, $1.9 million in debt and a total equity of $231 million, with a book value per share of $5.80. The company began executing the buyback through a combination of financing and the sale of 10,922 ETH, which allowed the acquisition of 3.4 million shares at an average price of $3.45, equivalent to 8% of shares outstanding.
FG Nexus now holds 40,005 ETH, $37 million in cash and USDC, $11.9 million in debt and a net asset value per share of $3.94. Management states that it will continue repurchasing while shares remain below that value.
