FG Nexus stock rose 2.02% as the company expanded its ETH treasury and tokenized shares.
Partnership with Securitize ensured regulated tokenized shares with compliance, absolute ownership, and on-chain trading.
CEO Vujinovic highlighted the growth of tokenization, citing stablecoins and a $600 billion projection for asset tokenization.
https://www.cryptopolitan.com/fg-nexuss-stock-rises-on-tokenizion/
Posted by CryptopolitanNews
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tldr; FG Nexus’s stock rose 2.02% after announcing a partnership with Securitize to tokenize its public shares on the Ethereum blockchain. The initiative aims to enable on-chain trading with automated compliance and real-time settlement while maintaining legal protections of traditional stock. FG Nexus also expanded its Ethereum treasury, holding 50,768 ETH valued at $226.1 million. The company views tokenization as a transformative step in financial markets, projecting significant growth in asset tokenization by 2030.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Lots of positive ETH related news amidst some retard’s erratic tweets and decisions.