Nasdaq's FGNX Completes Crypto Treasury Liquidation Amid $45M Loss
FG Nexus, listed on Nasdaq under FGNX, has completed its cryptocurrency treasury liquidation. The company absorbed losses of $45.2 million from its shuttered digital asset division in the first six months of 2026.
The firm maintained a position exceeding 50,000 ETH tokens before strategically reversing course and beginning to unwind its holdings. Management had disclosed intentions to exit cryptocurrency investments on July 1.
FG Nexus collected $75 million from Ethereum token sales executed during the six-month period. The company's shares finished trading at $7.59, representing an 8.43% gain for the session.