According to information from The Block, the company FG Nexus (FGNX) has sold all its Ethereum-related assets, as per its latest report filed with the U.S. Securities and Exchange Commission (SEC).
The U.S. company FG Nexus, specializing in digital asset management, has completely abandoned its Ethereum-focused strategy ($ETH), which it launched approximately a year ago.
In a recent filing with the U.S. Securities and Exchange Commission (SEC), the company announced the sale of all its assets in $ETH and Wrapped Staked $ETH (wstETH) as of June 30, 2026.
According to the company's latest quarterly report filed with the U.S. Securities and Exchange Commission (SEC), in the first half of 2026, FG Nexus incurred losses of $45.207 million from digital asset operations. Of this amount, $41.167 million came from losses on investments in $ETH.
Their Assets Exceeded 50,000 $ETH!
After FG Nexus decided to make Ethereum its primary treasury asset in 2025, the company's holdings in $ETH peaked at 50,770 $ETH in September 2025.
However, following a decline starting in October 2025, the company rapidly reduced its positions in the first half of 2026 and completely exited its $ETH positions by the end of June. At this stage, the company added that it plans to redirect the capital obtained from selling $ETH into investments in income-generating real estate.
*This is not investment advice.
