FG Nexus announced the launch of the Ethereum financial strategy and the establishment of the FG CVR Trust.

Odaily News Fundamental Global, a Nasdaq-listed company, announced that after completing the final agreement for a $200 million private sale financing, it will be renamed FG Nexus to better support its launched Ethereum financial strategy, focusing on blockchain innovation and the tokenization market of real-world assets (RWA). In addition, the company has also established a trust fund, FG CVR Trust, in Delaware for monetizing and distributing the proceeds from the liquidation of legacy assets and businesses. (Globenewswire)

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