Fundamental Global Inc. today announced it officially kick-started its acquisition of Ethereum to create one of the largest ETH treasury holdings companies in the world.
On July 30, 2015, Ethereum’s genesis block mined 6,400 ETH. Exactly ten years later, the Company believes history has come full circle with FG Nexus launching on the Ethereum Standard by purchasing a symbolic 6,400 ETH. Since this first acquisition, the Company has continued to make several subsequent purchases, and as of August 10, 2025, at 6:30 pm EST, the Company now holds 47,331 ETH at $4,228.40 per ETH (Bloomberg).
FG Nexus has already deployed all of the net proceeds from the Company’s announced $200 million private placement towards purchasing ETH. FG Nexus aims to accelerate the accumulation of ETH holdings and the generation of ETH Yield (ETH per share). Under the Company’s ETH treasury holding strategy, ETH Yield becomes the core value creation metric for FG Nexus shareholders.
In order to enhance our ETH Yield, the Company will stake and restake, serving as a strategic gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield.
Ethereum becoming foundation Of global finance
“Ethereum is rapidly becoming the foundation of global digital finance. We plan to continue to promote the global adoption of ETH as a treasury reserve asset,” said Maja Vujinovic, CEO of Digital Assets, FG Nexus. “We plan to become a significant player in the Ethereum network with a goal of a 10% stake in ETH.”
“FG Nexus aims to differentiate through not only our unwavering focus on accumulating ETH, but also by driving ETH yield and leveraging our team’s collective experience and know-how in Digital Assets and the Financial Services Industry,” stated Kyle Cerminara, CEO and Chairman of the Company.
“By pairing seamless trading with secure custody through Anchorage Digital, FG Nexus is moving fast while building on rock-solid ground,” states Nathan McCauley, Co-Founder and CEO of Anchorage Digital. “This is exactly the kind of bold, long-term bet we love to power—one that treats ETH not just as an asset, but as the backbone of tomorrow’s financial system.”
“FG Nexus’s strategic commitment to Ethereum reflects an important trend in how digital assets are increasingly becoming essential components of investment portfolios,” said Steve Kurz, Global Head of Asset Management at Galaxy. “We’re proud to partner with and serve as the asset manager for innovative companies like FG Nexus, providing investors with secure, measured access to one of the most exciting and dynamic digital assets available today.”
