FG Nexus Now Holds a Whopping 47,331 ETH – Is This the Next Crypto Whale?

FG Nexus just joined the big leagues with a staggering 47,331 ETH stash. That’s not just a portfolio—it’s a power move.

Who’s Buying—And Why?

No one accumulates that much Ether without a plan. Is this a long-term bet on Ethereum’s dominance, or just another deep-pocketed player hedging against traditional finance’s slow decay?

The Whale Effect

Holdings this large don’t just sit quietly. They shift markets, trigger speculation, and—let’s be honest—make retail traders sweat. Watch for ripple effects across DeFi and derivatives.

Meanwhile, Wall Street still thinks ‘blockchain’ is a buzzword for PowerPoint slides.

$200 Million Already Invested in ETH Holdings

FG Nexus utilized all the net proceeds of its just-announced $200 million private placement in Ethereum buys. 

Not only is the company building one of the world’s largest ETH treasuries, but it is also producing stable ETH Yield, ETH per share earned through staking and restaking techniques.

The staking functionality will enable FG Nexus to contribute directly to Ethereum network security and tap into yield opportunities, especially in Ethereum-led finance, such as tokenized Real-World Assets (RWAs) and stablecoin yield products.

10% Stake in ETH Circulation

Maja Vujinovic, CEO of Digital Assets at FG Nexus, reaffirmed the firm’s vision, “Ethereum is picking up pace as the basis for worldwide digital finance. We plan to continue pushing for the use of ETH as an international treasury reserve asset.

Kyle Cerminara, Chairman and CEO of FG Nexus, said, “We are unique not only in accumulating ETH, but in driving ETH yield on the strength of our team’s DEEP background in digital assets and the financial services industry.”

FG Nexus partnered with Anchorage Digital for secure storage and hassle-free ETH trading. Anchorage Digital’s Co-Founder and CEO Nathan McCauley praised the innovative strategy:

This is exactly the kind of long-term bet we enjoy to finance—one that does not view ETH merely as an asset, but as the backbone of the future’s financial system.

Galaxy, managed by Steve Kurz, Global Head of Asset Management, will be as asset manager:

“FG Nexus’s investment in Ethereum is a reflection of how digital assets are becoming more central to investment portfolios. We’re excited to provide secure, calibrated access to one of the most exciting assets you can purchase today.”

Entirely built on the Ethereum Standard, the mission of FG Nexus is single-minded: to be an order of magnitude greater corporate holder of ETH. 

Also Read: Fundamental Global Targets $5B Ethereum Treasury via SEC