Deep Tide TechFlow news, on August 5, Fundamental Global (NASDAQ: FGF) announced today the completion of a $200 million private sale and will be renamed FG Nexus. This financing issues 40 million pre-paid common stock warrants at a price of $5 each, supported by institutional investors such as Galaxy Digital.



The company plans to use the raised funds to establish Ethereum reserves, aiming to acquire 10% of the equity in the Ethereum network. At the same time, the company will participate in network operations through staking and explore tokenized asset business.
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