Is Blockchain the Savior of Finance or Just Another Techie Dream? You Decide!

by

Finance

What to know:

  • Ether treasury firm FG Nexus has tapped tokenization specialist Securitize to create tokens of its common and preferred shares on the Ethereum blockchain.
  • The tokenized shares will maintain the same legal rights as traditional shares and will be settled instantly on blockchain, Securitize CEO Carlos Domingo said.

Ah, yes. The blockchain. It seems the magic potion for everything nowadays. And so, in yet another dazzling display of modern financial wizardry, FG Nexus, an Ethereum-focused digital asset treasury firm (because of course, why not?), has decided to join the ranks of the ‘cool kids’ and get its shares tokenized. But, hold your applause! They’ve enlisted none other than Securitize – the tokenization specialists who are apparently on a mission to make Wall Street *even more* digitized than your average gaming rig.

Now, here’s the kicker: after Securitize gets their hands on FG Nexus’s shares, you, dear investor, will be able to convert your regular, boring common stock (FGNX) into Ethereum-based tokens. Sounds like a techie’s dream, doesn’t it? These tokenized shares will offer all the juicy legal rights of the traditional stuff. Yes, that’s right. You’ll still be able to hold your shares and demand your right to complain about quarterly earnings reports, but with the added bonus of “instant settlement” on the blockchain. No more waiting for someone in a stuffy office to process things the old-fashioned way.

Let’s not forget the *star of the show*, the perpetual preferred stock (FGNXP). This gem of a stock pays regular dividends, so naturally, it’s going to be the first of its kind to be entirely transitioned to the crypto rails. How exciting! The first ever U.S. exchange-listed dividend equity to go full crypto mode. Who said traditional finance was dead, right? It’s just getting a *fresh coat of digital paint*.

And as for the process? Well, it’s as slick as a well-oiled machine, or as slick as the newest iPhone release (take your pick). The shares will be tokenized, settled *instantly* (because time is money, after all), tracked on the blockchain, and moved through Securitize’s SEC-registered broker-dealer and ATS platform. It’s like your shares are getting a VIP pass to the blockchain nightclub.

“Tokenization is rapidly changing financial markets through increased efficiency and enhanced investor access,” said Maja Vujinovic, CEO of Digital Assets at FG Nexus. It’s almost as if they had no choice but to embrace the inevitable. I mean, who wants to be stuck in the dark ages of finance when there’s a shiny new blockchain to play with?

Shift to onchain

And so, as tokenization of all things financial-equity shares, bonds, funds-gains a real head of steam across crypto markets, FG Nexus decides to take the plunge. In a world where tokenized equity offerings seem to be sprouting up like mushrooms after a rainstorm, this firm is just one among many. We’ve seen Robinhood, Gemini, Ondo Finance’s Global Markets, and Kraken all dipping their toes into the tokenized equity pool. So why not FG Nexus?

But wait, it gets even juicier. There’s talk of “native tokenization,” which, for the uninitiated, is just a fancy way of saying that token holders get the exact same rights as traditional share holders. Wow. So much innovation. But before you get too excited, let’s remember that it’s all just a game of “who can tokenize their shares first.” The stakes are high, folks. So, strap in.

“Our project with FG Nexus is expected to result in U.S. investors being able to hold real stock, not a synthetic wrapper, with instant settlement, automated compliance and the ability to trade onchain through our regulated ATS,” said Securitize CEO Carlos Domingo. Oh, how delightful. We’re trading “real stock” on the blockchain now. Does anyone else feel like we’ve slipped into a tech-heavy parallel universe?

And for those of you who are wondering, Securitize isn’t new to this. They’re the same folks who helped tokenize BlackRock’s $4 billion money market fund. They were also pioneers in the sector, creating tokens for Exodus’s shares back in 2021. They’re basically the blockchain equivalent of the Avengers, swooping in to save the day. Just without the capes. Or the actual saving part.

And let’s not forget SharpLink Gaming (SBET), another ETH treasury firm that plans to debut its stock on Ethereum with Superstate’s Opening Bell platform. Because why not add yet another contender to this digital free-for-all?

Read More

2025-10-02 15:24