FG Nexus to Collaborate with Securitize to Tokenize Its Shares on Ethereum

Jinse Finance reported that FG Nexus, a Nasdaq-listed company holding approximately 47,000 ETH (worth about $208 million), announced a partnership with tokenization specialist Securitize to tokenize its Nasdaq-listed shares (including common and preferred stock) on Ethereum. The company recently raised about $200 million through a private placement. This plan will allow investors to choose to convert their traditional shares into digital tokens on Ethereum. These tokens will have the same legal rights as traditional shares and will enable on-chain real-time settlement and automated compliance through Securitize’s SEC-regulated Alternative Trading System (ATS).