FG Nexus has partnered with Securitize to tokenize Nasdaq-listed shares on Ethereum, marking a pivotal moment in the U.S. for on-chain stock offerings.
This initiative enhances financial innovation and compliance, offering investors real equity with potential for expanded Ethereum adoption and influence on traditional markets.
FG Nexus (FGNX), a Nasdaq-listed firm, has partnered with Securitize to tokenize shares on Ethereum. Tokenized shares will include common and preferred stock, marking a significant step for U.S. public companies.
The collaboration uses Securitize's SEC-compliant framework, allowing shareholders to convert stock into dividend‑paying tokens. Kyle Cerminara, FG Nexus CEO, emphasized their commitment to innovation and investor benefits.
FG Nexus’ agreement with Securitize positions the Company at the forefront of financial innovation and demonstrates our commitment to leveraging cutting‑edge solutions that benefit our investor community.
The announcement led to a 2.02 % rise in FGNX stock price, reflecting market enthusiasm. Institutional investors show increased interest due to instant settlement and on‑chain trading benefits.
Financially, FG Nexus raised $200 million in private placement and holds 47,000 ETH in treasury. The tokenization project could reshape how equity is traded, impacting both traditional and digital finance sectors.
Securitize CEO Carlos Domingo stated that this initiative marks the entry into the "programmable age" for public markets, promising real stocks with on‑chain benefits.
Public markets are entering the programmable age. Our project with FG Nexus is expected to result in U.S. investors being able to hold real stock, not a synthetic wrapper, with instant settlement, automated compliance, and the ability to trade on‑chain through our regulated ATS.
Tokenization of equity offers insights into future financial and compliance frameworks. With potential integration into DeFi, real‑world asset tokenization may set new precedents, despite current limited on‑chain data movements.