FG Nexus, a company listed on Nasdaq, has completely divested its digital assets and concluded its Ethereum strategy less than a year after its initiation. At its peak, the firm managed 50,000 ETH. During the first half of the year, the sale of coins generated $60.96 million in cash, with an additional $14.98 million coming in July. The company reported a loss of $45.2 million, while earnings from staking were a mere $144,000. FG Nexus plans to reallocate all its capital into real estate.
Crypto
FG Nexus Exits Ethereum Strategy, Liquidates All Cryptocurrency
FG Nexus has sold off all its digital assets and exited its Ethereum strategy, reporting significant losses and plans to invest in real estate.
Mercation Admin
August 14, 2026 1 min read