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Financial Services Company FG Nexus Invests $200 Million in ETH, Aims to Capture 10% Network Share

Summary: According to Coindesk, financial services company FG Nexus has invested $200 million to purchase 47,331 ETH (at $4,228.40 each), with plans to increase earnings through staking, re-staking, and participating in the Ethereum financial ecosystem, aiming to hold a 10% stake in the Ethereum network. The holdings are being custodied by Anchorage Digital, and the company ...

According to Coindesk, financial services company FG Nexus has invested $200 million to purchase 47,331 ETH (at $4,228.40 each), with plans to increase earnings through staking, re-staking, and participating in the Ethereum financial ecosystem, aiming to hold a 10% stake in the Ethereum network. The holdings are being custodied by Anchorage Digital, and the company has changed its stock code from FGF to FGNX, strengthening its strategic positioning as a core owner in the Ethereum ecosystem.

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Link: Financial Services Company FG Nexus Invests $200 Million in ETH, Aims to Capture 10% Network Share [Copy]

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