FG Nexus Inc. (FGNX), a Nasdaq-listed company, has partnered with Securitize to tokenize its common and preferred equity shares on the Ethereum blockchain, marking a significant step in regulated onchain stock trading. This initiative, led by CEO Kyle Cerminara, leverages Securitize's SEC-registered infrastructure to enable real-time settlement, automated compliance, and direct ownership through regulated ERC-20 tokens.
The tokenization program begins with common stock, allowing shareholders to hold their shares on Ethereum, and will later include preferred shares (FGNXP), which will feature onchain dividend distributions via smart contracts. This positions FG Nexus as one of the first U.S. exchange-listed firms to fully tokenize public equities, aiming to enhance market liquidity, transparency, and investor access. Ethereum was selected for its maturity, institutional integration, and capacity to support regulated asset tokenization, with the blockchain already hosting nearly $8 billion in tokenized U.S. Treasury securities and funds.
Kyle Cerminara, CEO of FG Nexus, stated, "FG Nexus' agreement with Securitize positions the Company at the forefront of financial innovation and demonstrates our commitment to leveraging cutting-edge solutions that benefit our investor community." The SEC is concurrently evaluating the possibility of 24/7 onchain markets, which could influence broader adoption. Following the announcement, FG Nexus stock saw a mid-day rise to $6.15, a gain of 3.71%, reflecting market optimism.
SNMI
SOL
POLY
BTC