Core Points - FG Nexus has received approval for its amended articles of incorporation, which increases its authorized shares to 1 trillion, comprising 900 billion common shares and 100 billion preferred shares [2][3] - The amendment aims to provide the company with flexibility to enhance its ETH per share and deliver long-term shareholder value, as stated by the CEO Kyle Cerminara [3] - FG Nexus is focused on becoming the largest corporate holder of ETH globally and plans to implement yield strategies, including staking and tokenized real-world assets [4] Company Overview - FG Nexus Inc. operates on the Ethereum Standard and is dedicated to maximizing its ETH holdings [4] - The company aims to serve as a strategic gateway into Ethereum-powered finance, which includes stablecoin yield and other financial innovations [4]
FG Nexus Announces Acceptance of Historic 1 Trillion Share Authorization by the State of Nevada
Globenewswire·2025-10-08 11:30