FG Nexus, Securitize to natively tokenize FG Nexus shares on Ethereum

FG Nexus announced that FG Nexus and Securitize have entered into an agreement to implement a program to allow shareholders to elect to natively tokenize the Company’s common and preferred stock on the Ethereum (ETH-USD) blockchain. FG Nexus is among the first NASDAQ-listed companies to offer shareholders the choice to tokenize its shares on Ethereum, with such tokenized shares conferring the same rights as traditional shares. Additionally, FG Nexus will be the first to tokenize a dividend-paying, exchange-listed perpetual preferred share. The program is expected to commence with tokenizing the Company’s common stock. FG Nexus will then work with Securitize to tokenize its shares of Class A preferred stock, with the expectation that it would bring recurring cash flows fully onchain for the first time.