TechFlow, September 19 — According to Globe Newswire, FG Nexus (Nasdaq: FGNX, FGNXP) announced in its latest update that as of September 18, its Ethereum (ETH) holdings have increased to 49,715 ETH. At the current price of $4,598 per ETH, the total value is approximately $229 million. CEO Maja Vujinovic stated that Ethereum is the preferred programmable asset for institutional reserves, and the company is executing a strategy to become a leading corporate holder. FG Nexus plans to enhance ETH yields through staking and restaking, and will further explore Ethereum-driven financial solutions.
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