TechFlow news, July 30 — According to Business Insider, Fundamental Global Inc. (Nasdaq: FGF) announced today the launch of a $200 million private placement and will change its name to FG Nexus Inc. The company plans to use Ethereum (ETH) as its primary reserve asset and engage in staking operations. Institutions including Galaxy Digital and Kraken are participating in this round of investment, with Galaxy Digital serving as strategic advisor to assist in managing Ethereum assets.
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