ETH Treasury Firm FG Nexus Tokenizes Nasdaq Shares on Ethereum Blockchain via Securitize

FG Nexus (FGNX), an Ethereum-focused digital treasury firm, announced it has partnered with tokenization specialist Securitize to convert its common and preferred shares into blockchain tokens on the Ethereum network. Shareholders can transform common stock (FGNX) into Ethereum-based tokens with identical legal rights as traditional shares. The company will also tokenize perpetual preferred stock (FGNXP), marking the first U.S. exchange-listed dividend equity to fully migrate to crypto infrastructure. This blockchain integration enables near-instant settlement, blockchain tracking, and transfers through Securitize's SEC-registered broker-dealer and Alternative Trading System (ATS). "Tokenization enhances market efficiency and investor accessibility," stated Maja Vujinovic, CEO of Digital Assets at FG Nexus. The initiative aligns with growing tokenization trends, following similar moves by Robinhood, Gemini, and BlackRock's $4B tokenized fund. Securitize previously tokenized Exodus shares on Algorand in 2021, while SharpLink Gaming (SBET) plans similar Ethereum integration.