ETH Treasury Firm to Tokenize Nasdaq-Listed Shares on Ethereum With Securitize

Ethereum treasury firm FG Nexus is collaborating with Securitize to tokenize its common and preferred shares on the Ethereum blockchain. This initiative positions FG Nexus as one of the first Nasdaq-listed companies to offer dividend-paying stock fully transitioned onto blockchain technology. After the tokenization process, shareholders can convert their common stock into Ethereum-based tokens, maintaining the same legal rights as traditional shares. The company is also tokenizing its perpetual preferred stock, which provides regular dividends. The aim is to enhance the efficiency of public equity ownership and trading, while ensuring compliance with existing regulations. Tokenized shares will settle almost instantly through Securitize's registered broker-dealer and Alternative Trading System. FG Nexus's CEO stated that the move reflects a broader trend in financial markets towards increased efficiency and improved investor access through tokenization, further transforming shareholder experiences amid growing momentum for financial instrument tokenization.

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