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According to The Block, FG Nexus (FGNX) has divested all of its Ethereum assets, according to its latest SEC filing.
US-based digital asset treasury company FG Nexus has completely exited its Ethereum ($ETH) focused treasury strategy, which it launched approximately a year ago.
In a recent filing with the SEC, the company announced that it will sell all of its $ETH and wrapped staked $ETH (wstETH) assets as of June 30, 2026.
According to the company’s latest quarterly report to the SEC, FG Nexus incurred a loss of $45.207 million from its digital asset operations in the first half of 2026. Of this amount, $41.167 million was due to losses on $ETH investments.
Their Assets Had Exceeded 50,000 $ETH!
After FG Nexus decided to make Ethereum its primary treasury asset in 2025, the company’s $ETH holdings peaked at 50,770 $ETH in September 2025.
However, following the collapse that began in October 2025, the company rapidly reduced its position in the first half of 2026, and completely exited its $ETH position by the end of June. At this point, the company added that it planned to redirect the capital obtained from the sale of $ETH to cash-generating real estate investments.
*This is not investment advice.