BlockBeats News, September 19th, US-listed company FG Nexus (FGNX) announced that it has once again increased its holdings by 1087 ETH. As of September 18th, the company’s ETH holdings have increased to 49,715 ETH. Based on the current price of $4,598 per ETH, the total value is approximately $229 million.
FG Nexus CEO Maja stated that Ethereum is the preferred programmable asset for institutional reserves, and the company is executing a strategy to become a dominant corporate stakeholder. FG Nexus plans to enhance its ETH yield through staking and re-staking, and will further explore Ethereum-driven financial solutions.
