Fundamental Global Inc. has appointed Maja Vujinovic, a blockchain pioneer, and Jose Vargas, a successful serial entrepreneur and venture capitalist, to its Board of Directors. Vujinovic brings expertise in digital assets and institutional blockchain adoption, while Vargas brings experience in building and scaling financial and technology companies. These additions reinforce the company's Ethereum treasury strategy and public markets expertise.
Fundamental Global Inc. (FGI), now known as FG Nexus Inc., has taken a significant step in its strategic evolution by appointing Maja Vujinovic and Jose Vargas to its Board of Directors. The appointments, effective August 4, 2025, underscore the company's commitment to its Ethereum treasury strategy and public markets expertise [1].
Maja Vujinovic, currently the CEO of Digital Assets at FG Nexus, brings a wealth of experience in digital assets and institutional blockchain adoption. She has been an early pioneer in cryptocurrencies and blockchain, having acquired the first bank for Tether and served as CIO of Emerging Technologies at GE, where she implemented institutional-grade finance transactions on blockchain in 2015 [2].
Jose Vargas, appointed as Head of Business Development, joins with a proven track record of building and scaling innovative financial and technology companies. He has successfully exited several ventures, including BrokersWeb, BlueKite, AutoWeb, and Healthcare.com. Additionally, he was an early investor in a major Digital Asset Treasury company [2].
The appointments come as FG Nexus continues to execute its strategy focused on Ethereum acquisition and positioning itself in the digital finance sector. The company aims to become the largest corporate holder of ETH in the world by staking and restaking Ethereum to enhance yield [2].
These strategic additions to the Board of Directors bring together expertise in digital assets and institutional blockchain adoption, as well as proven records in building and scaling innovative financial and technology companies. This alignment is crucial for FG Nexus as it seeks to navigate the complexities of the digital finance sector and capitalize on the growing institutional interest in cryptocurrencies [1].
The appointments also reflect the company's strong liquidity position, with a current ratio of 6.48, and its financial health score of 2.01, despite facing revenue challenges in recent quarters [2]. FG Nexus maintains a beta of 1.99, indicating higher volatility compared to the market, but this volatility is expected to be mitigated by the strategic direction set by the new Board members.
In conclusion, the appointments of Maja Vujinovic and Jose Vargas to the Board of Directors signify a significant milestone in FG Nexus's journey. Their combined expertise will be instrumental in driving the company's Ethereum treasury strategy and positioning it as a leader in the digital finance sector.
References:
[1] https://www.marketscreener.com/news/fundamental-global-files-5-billion-shelf-registration-ce7c5edddb8cf526
[2] https://www.investing.com/news/company-news/fg-nexus-appoints-two-digital-asset-experts-to-board-of-directors-93CH-4191914
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