FG Nexus Inc. (NASDAQ: FGNX, FGNXP) has provided a significant update regarding its share repurchase activities and digital asset treasury, revealing strategic moves that reflect the company's financial positioning and future direction in digital asset markets. Between October 23 and December 17, 2025, the company repurchased approximately 7.0 million shares of its common stock at an average price of about $3.17 per share. This substantial buyback represents more than 16% of the company's outstanding shares, a move that management indicates is part of an ongoing strategy.
As of December 17, 2025, the company's financial position includes holdings of 40,088 ETH (Ethereum) alongside approximately $25.2 million in cash and USDC stablecoin. The company reported total debt of $11.9 million and 36.5 million common shares outstanding. Based on these figures, management estimates the net asset value (NAV) at approximately $3.53 per share. Chairman and CEO Kyle Cerminara stated the company intends to continue repurchasing shares below NAV while maintaining strong ETH and cash balances, a strategy aimed at enhancing shareholder value.
The importance of this announcement lies in its demonstration of a publicly traded company actively managing its capital structure while maintaining significant exposure to digital assets. The share repurchase program, particularly at the scale of over 16% of outstanding shares, signals management's confidence in the company's valuation and future prospects. Simultaneously, the substantial ETH holdings—40,088 tokens—position FG Nexus as a corporate entity with meaningful exposure to the cryptocurrency market, specifically the Ethereum ecosystem which serves as a foundational platform for decentralized finance and tokenization.
FG Nexus describes itself as focused on building a digital asset treasury and a leading platform for the tokenization of real-world assets (RWAs). The company plans to enhance yield on its treasury by staking its ETH and implementing additional yield strategies. This positions FG Nexus as what it calls a strategic gateway into digital-asset-powered finance, including tokenized RWAs and stablecoin-based yield solutions. More information about the company's broader vision and operations can be found at https://fgnexus.io/.
The implications of this update extend beyond FG Nexus itself to the broader intersection of traditional corporate finance and digital assets. The company's actions—aggressively buying back shares while holding a large cryptocurrency position—represent a hybrid model that could influence other public companies considering similar strategies. For investors, the announcement provides transparency into the company's asset allocation and capital management priorities. The estimated NAV of $3.53 per share offers a benchmark against which market performance can be measured, while the commitment to buy shares below NAV suggests a disciplined approach to capital deployment.
For the digital asset industry, FG Nexus's substantial ETH holdings and focus on tokenization of real-world assets contribute to the growing institutional presence in cryptocurrency markets and the development of infrastructure for asset tokenization. The company's strategy of staking ETH to generate yield aligns with the broader trend of seeking returns from digital asset holdings beyond mere price appreciation. As regulatory frameworks evolve and institutional adoption increases, the model demonstrated by FG Nexus may serve as a reference point for other companies navigating the convergence of traditional finance and blockchain-based assets.
