Ethereum News Today: FG Nexus Acquires $200M in ETH for 10% Network Stake

FG Nexus Inc., formerly known as Fundamental Global, has announced the acquisition of $200 million worth of Ether (ETH), representing approximately 47,331 tokens, in pursuit of a 10% stake in the Ethereum network. The company revealed the move in mid-August 2025 as part of a broader strategy to establish Ethereum as its primary treasury reserve asset. The capital for the acquisition came from a private placement earlier in the year, with the average price paid per ETH at $4,228.40 [1][2].

The firm, under the leadership of its Digital Assets CEO Maja Vujinovic, is positioning Ethereum as a cornerstone of global digital finance and aims to play a pivotal role in its adoption as a treasury asset [5]. FG Nexus is not only purchasing and holding ETH but also plans to stake and restake the tokens to generate income and gain exposure to decentralized finance (DeFi) opportunities, including tokenized real-world assets (RWAs) and stablecoin yield strategies [5]. The company has engaged Galaxy Digital for strategic advisory and Anchorage Digital for custody services, underscoring its institutional-grade approach to managing its crypto portfolio [5].

The initial purchase of 6,400 ETH on July 30, 2025—coinciding with the 10th anniversary of Ethereum’s genesis block—marked the launch of the company’s accumulation strategy. This move aligns with a growing trend among corporations and financial institutions to recognize Ethereum’s strategic and financial potential [1][2]. By targeting a 10% stake, FG Nexus is positioning itself to influence Ethereum’s governance and long-term network security, as well as benefit from the evolving digital finance landscape [5].

Analysts suggest that FG Nexus’s aggressive acquisition strategy could further validate Ethereum’s role as a reserve asset, potentially encouraging similar moves from other corporate entities [5]. The company’s approach mirrors earlier corporate treasury allocations in Bitcoin but highlights a shift toward Ethereum as a viable alternative in the blockchain space [1]. Historical trends indicate that such institutional interest can drive broader market adoption and influence asset valuations [5].

FG Nexus’s initiative reflects the increasing institutional confidence in Ethereum as a foundational asset for digital finance and signals a broader evolution in corporate investment strategies toward blockchain-based assets [1][2]. The firm’s continued accumulation and staking of ETH will likely continue to shape the Ethereum ecosystem and market dynamics in the months and years ahead.

Sources:

[1] FGNX News: $200M ETH Buy, https://www.coindesk.com/business/2025/08/11/fg-nexus-buys-usd200m-in-ethereum-in-bid-for-10-network-stake

[2] FG Nexus Acquires $200M in Ether, https://m.economictimes.com/crypto-news-today-live-11-aug-2025/liveblog/123223005.cms

[3] Corporate Ethereum accumulation heats up as FG Nexus ..., https://crypto.news/corporate-ethereum-accumulation-heats-up-as-fg-nexus-reveals-200m-holdings/

[4] Fundamental Global gains as co eyes 10% ethereum stake ..., https://www.msn.com/en-us/money/other/fundamental-global-gains-as-co-eyes-10-ethereum-stake-now-holds-47-331-eth/ar-AA1KjY4A?ocid=finance-verthp-feeds

[5] Rumble (RUM) Gains on Plans to Acquire Tether-Affiliated ..., https://www.coindesk.com/business/2025/08/11/rumble-gains-on-plans-to-acquire-tether-affiliated-northern-data