PANews August 11 news, according to GlobeNewswire, Fundamental Global Inc (FG Nexus, NASDAQ code: FGNX, FGNXP) announced that it has accumulated 47,331 ETH, with the current price at $4,228.40 per ETH. The company has used all of its $200 million private placement financing to purchase ETH and plans to enhance ETH Yield by staking and re-staking, aiming to become one of the largest enterprise-level ETH holders globally. FG Nexus will promote the global adoption of ETH as a corporate reserve asset through partnerships with Anchorage Digital and Galaxy, and accelerate the layout of tokenized physical assets and stablecoin yield business within the Ethereum ecosystem.
