FG Nexus’s stock rises as it moves to tokenize its shares on Ethereum

2025 年 10 月 2 日 business, cryptocurrency, finance, legal, technology

The post FG Nexus’s stock rises as it moves to tokenize its shares com. FG Nexus Inc. (NASDAQ: FGNX) saw its stock rise 2. 02% to $6. 05 today after announcing an agreement with Securitize to tokenize its public shares natively on the Ethereum blockchain. The stock rise occurred as the company expands its Ethereum-focused treasury, which now holds 50, 768 ETH, valued at approximately $226. 1 million. According to Nasdaq statistics, FG Nexus Inc. rose to $6. 08, reaching a market capitalization of $251. 1 million. Perpetual preferred stock of NASDAQ: FGNXP is valued at $17. 4 million, with an Enterprise Value of $268. 5 million. The companys ETH per share, based on its 50, 770 ETH holdings, is approximately 0. 0012 ETH, and its measured NAV multiple (mNAV) is 1. 19. FG Nexus disclosed that its average ETH purchase price stands at about $4,453 as of October 2. The firm secured approximately $200 million through a private placement on July 30, 2025. Company officials noted that the dual strategy of expanding its ETH treasury and tokenizing public shares showed FG Nexuss long-term commitment to blockchain. FG Nexus partners with Securitize to drive on-chain equity innovation Weve partnered with FG Nexus to natively tokenize its public shares on @Ethereum. @FGNexusio will be the first NASDAQ-listed company to bring dividend-paying preferred equity GNXP fully onchain. pic. twitter. com/6rgPFUdyuH Securitize (@Securitize) October 2, 2025 FG Nexus Inc. reported on October 2 that tokenization would allow investors to convert traditional shares into digital tokens. The company claimed that the tokenization will facilitate on-chain transactions with automated compliance and real-time settlement. According to FG Nexus Inc., Securitize will supply the projects regulated infrastructure by utilizing its licenses as a transfer agent, broker-dealer, and operator of an Alternative Trading System (ATS) registered with the SEC. FG Nexus certified that the framework will ensure the tokenized equity retains the same legal protections as traditional stock. The tokenization of FG Nexus shares.

Taylor Swift Promo Film “Life of a Showgirl” Sells Out Most Friday Shows at $12 a Pop, Will Be Number 1 at Box Office This Weekend

2025 年 10 月 1 日 business, cinema, entertainment, marketing

It’s not a movie. It’s a souvenir. By the time Taylor Swift’s promotional for her “The Life of a Showgirl” album hits theaters on Friday, the album will already be number 1 on every chart. The 90 minute commercial playing only this weekend will show the album’s first video, for a song called [.] The post Taylor Swift Promo Film “Life of a Showgirl” Sells Out Most Friday Shows at $12 a Pop, Will Be Number 1 at Box Office This Weekend appeared first on Showbiz411.