
PANews|Oct 02, 2025 11:38
[FG Nexus to Partner with Securitize to Tokenize Its Stock on Ethereum, Potentially Becoming the First On-Chain U.S. Dividend Stock]
According to CoinDesk, Nasdaq-listed company FG Nexus (FGNX), which focuses on Ethereum, has announced its partnership with tokenization specialist Securitize. This collaboration will allow investors to hold its common and preferred shares as tokens on the Ethereum blockchain.
This partnership will make FG Nexus's dividend-paying preferred stock (FGNXP) the first fully on-chain U.S.-listed dividend stock. The tokenized shares will retain the same legal rights as traditional shares but will enable near-instant settlement on-chain through Securitize's SEC-regulated Alternative Trading System (ATS).
Securitize CEO Carlos Domingo stated that this move signifies that U.S. investors will be able to hold real stock tokens rather than synthetic wrappers. Securitize has previously provided technical support for BlackRock's tokenized money market fund.
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