FG Nexus (Nasdaq: FGNX, FGNXP) (the “Company”) today announced that the Company’s common stock is now listed for trading on the Deutsche Börse in Germany under ticker symbol “LU51”. This international listing expands FG Nexus’s global accessibility, increases the Company’s access to capital, and provides direct access to the Company’s securities for European investors.
The Deutsche Börse listing represents a significant milestone in FG Nexus’s international expansion strategy, offering European investors the opportunity to participate in the Company’s Ethereum treasury strategy and long-term growth initiatives. The listing is expected to enhance share liquidity and broaden the Company’s investor base across European markets.
“Our listing on Deutsche Börse marks another important step in our global expansion and demonstrates the international appeal of our Ethereum-focused strategy,” said Kyle Cerminara, CEO of FG Nexus.” “This listing provides European investors with direct access to our mission of becoming the dominant corporate stakeholder of Ethereum, and we look forward to building relationships with the European investment community as we continue to execute our long-term strategic ETH vision.”
FG Nexus
FG Nexus Inc. (Nasdaq: FGNX, FGNXP) (the “Company”) is on the Ethereum Standard and is singularly focused on becoming the largest corporate holder of ETH in the world by an order of magnitude. In order to enhance its ETH yield, the Company will stake and intends to implement other yield strategies while serving as a strategic gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield.The FGNX® logo is a registered trademark
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements are therefore entitled to the protection of the safe harbor provisions of these laws.
These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “budget,” “can,” “contemplate,” “continue,” “could,” “envision,” “estimate,” “expect,” “evaluate,” “forecast,” “goal,” “guidance,” “indicate,” “intend,” “likely,” “may,” “might,” “outlook,” “plan,” “possibly,” “potential,” “predict,” “probable,” “probably,” “pro-forma,” “project,” “seek,” “should,” “target,” “view,” “will,” “would,” “will be,” “will continue,” “will likely result” or the negative thereof or other variations thereon or comparable terminology. In particular, discussions and statements regarding the Company’s future business plans and initiatives are forward-looking in nature.
They have based these forward-looking statements on them current expectations, assumptions, estimates, and projections. While we believe these to be reasonable, such forward-looking statements are only predictions and involve a number of risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results, performance, or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements and may impact our ability to implement and execute on our future business plans and initiatives.
Management cautions that the forward-looking statements in this press release are not guarantees of future performance, and the Company cannot assume that such statements will be realized or that the forward-looking events and circumstances will occur.
Factors that might cause such a difference include, without limitation, fluctuations in the market price of ETH and any associated impairment charges that the Company may incur as a result of a decrease in the market price of ETH below the value at which the Company’s ETH are carried on its balance sheet, as well as changes in the accounting treatment relating to the Company’s ETH holdings and the Company’s ability to achieve profitable operations.
Additional factors include government regulation of cryptocurrencies and online betting; changes in securities laws or accounting regulations; and customer acceptance of new products and services, including the Company’s ETH treasury strategy. Broader macroeconomic conditions in the global economy may also affect the Company’s performance.
Operational risks include those associated with merchant banking and managed services, such as inadequately priced insured risks and credit risk; the risk of not being able to execute on the Company’s asset management strategy; and potential loss of value of its holdings. The Company may also face risks related to becoming an investment company, as well as fluctuations in its short-term results as it implements business strategies.
Furthermore, there are risks related to attracting and retaining qualified management and personnel necessary to execute on the Company’s business and growth strategies. The Company may also face challenges arising from failures in its information technology systems, data breaches, or cyber-attacks, as well as from its ability to establish and maintain an effective system of internal controls.
Lastly, the Company is subject to the requirements of being a public company, including the potential loss of its status as a smaller reporting company or becoming an accelerated filer. Potential conflicts of interest may also arise between the Company and its controlling stockholders, as well as between the Company and its directors and executive officers.
The Company’s expectations and future plans and initiatives may not be realized. If one of these risks or uncertainties materializes, or if the Company’s underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated, or projected. Investors are cautioned not to place undue reliance on forward-looking statements.
Under U.S. generally accepted accounting principles, entities are required to measure certain crypto assets at fair value, with changes reflected in net income each reporting period. Changes in the fair value of crypto assets could result in significant fluctuations to the income statement results. The forward-looking statements are made only as of the date hereof and do not necessarily reflect the Company’s outlook at any other point in time. The Company does not undertake and specifically declines any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect new information, future events, or developments.
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