Fundamental Global Inc., trading on Nasdaq as FGNX and FGNXP, has begun a major push into Ethereum with the goal of building one of the largest corporate ETH treasuries in the world. The company launched this initiative with a symbolic first purchase of 6,400 ETH, marking the tenth anniversary of Ethereum’s genesis block.
This initial step took place on July 30, 2025, and since then, the company has steadily increased its holdings. By August 10, 2025, at 6:30 p.m. EST, FG Nexus held 47,331 ETH, with each unit priced at $4,228.40, according to Bloomberg data.
The company used the full $200 million raised from a recent private placement to acquire Ethereum. This move forms the foundation of its strategy to grow ETH reserves and generate ETH yield, a metric it considers central to shareholder value creation.
Ethereum is seen as a long-term reserve asset
FG Nexus plans to stake and restake its ETH to enhance returns while positioning itself as a strategic entry point into Ethereum-powered finance. This includes involvement in tokenized real-world assets and stablecoin-based yields. The company’s leadership views Ethereum not just as a tradable asset, but as a long-term reserve holding that can underpin global digital finance. The strategy goes beyond accumulation.
FG Nexus aims to capture a larger role in the Ethereum ecosystem, targeting a future stake of up to 10% in the network’s supply. By combining trading efficiency with secure custody services from Anchorage Digital, the company intends to expand quickly while maintaining strong security and compliance measures.
Partnerships play a key role in the company’s growth plans. Asset management firm Galaxy supports FG Nexus in providing secure and structured investor access to Ethereum. This collaboration reflects a growing market shift, where digital assets are becoming a more standard component of institutional investment portfolios.
FG Nexus backs Ethereum for future growth
FG Nexus’s focus on Ethereum aligns with its vision of being a leader in blockchain-based finance. The company believes that staking and restaking activities can generate sustainable returns while contributing to the broader Ethereum network’s strength.
The plan emphasizes both technological integration and strategic financial positioning, setting the stage for long-term impact in the digital asset market. With this aggressive accumulation strategy, FG Nexus positions itself as a pioneer among publicly traded companies in treating Ethereum as a reserve asset.
The approach reflects confidence in Ethereum’s role in shaping the next phase of global finance and signals the company’s ambition to dominate the ETH treasury space.
