FG Nexus Pioneers Tokenized Public Shares on Ethereum in Securitize Deal - CoinLaw

FG Nexus partnered with Securitize to become the first Nasdaq-listed company tokenizing shares on Ethereum blockchain, marking a breakthrough in bridging traditional finance with cryptocurrency infrastructure.

This groundbreaking agreement allows shareholders to convert common and preferred shares into Ethereum-based tokens that maintain full legal rights while enabling real-time settlement and onchain trading. The tokenization process utilizes Securitize's SEC-registered infrastructure to ensure regulatory compliance and legal enforceability. FG Nexus will pioneer onchain dividend payments for public markets through its tokenized preferred shares.

• First U.S. exchange-listed company to fully tokenize dividend-paying preferred shares on Ethereum
• Shareholders can convert traditional stocks into legally recognized digital tokens with identical rights
• Enables automated dividend payments through smart contracts, eliminating intermediaries
• Company holds $208 million in ETH treasury, demonstrating commitment to blockchain integration

This initiative could reshape equity trading by combining blockchain efficiency with traditional market protections, though regulatory uncertainty and technical risks remain key challenges for widespread adoption.