FG Nexus (FGNX)
Combines an ETH treasury strategy with merchant banking and real-world-asset tokenization.
Something off on this page? Send us feedback.
Uses ETH as its initial primary treasury asset while focusing on real-world-asset tokenization. Its disclosed segments are Digital Assets and Merchant Banking, alongside real-estate and equity holdings.
Operates a digital-asset treasury and merchant-banking holding company. Following a private placement, its stated focus shifted to real-world-asset tokenization, with ETH as its initial primary treasury asset.
Digital Assets and Merchant Banking are the disclosed segments, alongside real-estate and equity holdings. An announced agreement with Securitize is intended to let shareholders elect native tokenization of common and preferred shares on Ethereum; the context does not establish completion.
Execution depends on ETH price movements, custodial security and treasury-management practices, accounting treatment, digital-asset regulation, tokenization execution, potential Investment Company Act classification, and continued Nasdaq-listing requirements.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $24.9M · Total debt $1.8M · Total assets $69.3M · Shareholders' equity $64.1M
- Revenue
- $242.0K
- Operating income
- −$2.1M
- Net income
- −$18.3M
No dividends on record.
| Institutions | 14.82% | 1.17M shares | |
|---|---|---|---|
| 27 holders · as of Jun 30, 2026 | |||
| Insiders | 8.87% | 702.0K shares | |
| 12 holders · as of Jul 13, 2026 | |||
| Strategic holders | 4.81% | 381.0K shares | |
| 2 holders · as of Nov 29, 2024 | |||
| Other | 71.50% | 5.66M shares | |
| remainder | |||
7.91M company shares as of Aug 31, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (5.10M in the company's Sep 22, 2026 report, 7.91M elsewhere); stakes use the report.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Joseph H. MogliaInsider10 percent owner | 5.02% | 397,500 | filed May 15, 2026 |
Kingsway Financial Services Inc1Strategic10 percent owner | 3.98% | 315,000 | filed Mar 20, 2018 |
Vanguard Capital Management LLCInstitution | 3.79% | 299,994 | as of Jun 30, 2026 |
Citadel Advisors LLCInstitution | 3.04% | 240,924 | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 1.90% | 150,000 | as of Jun 30, 2026 |
- Kingsway Financial Services Inc's transaction reports restate only vehicles that traded; the 2018 ownership statement (315.0K) is used instead.
Insider tradesForm 4
No open-market trades in the last 12 months.
- BitMine Immersion Technologies
Large ETH treasury and institutional staking platform
- Sharplink
ETH treasury platform with staking and equity-tokenization plans
- BTCS
Ethereum-first infrastructure, DeFi, and ETH-accumulation business
- BRC Group
Public capital-markets platform serving corporate clients
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| FG Nexus | $7.91 | −0.57% | $62.9M | — | — | — | −98.7% |
| BitMine Immersion Technologies | $27.72 | −1.88% | $16.09B | — | 38.2 | 262.9 | +2,964.4% |
| Sharplink | $9.94 | −0.40% | $1.97B | — | 89.0 | 39.2 | +1,553.3% |
| BTCS | $1.63 | −0.31% | $81.4M | — | — | 4.9 | −11.8% |
| BRC Group | $5.90 | +1.64% | $233.1M | 0.4 | — | 0.2 | +5.2% |
| Median | 0.4 | 63.6 | 22.0 | +779.2% |