FG Nexus to tokenize its Nasdaq-listed shares

Nasdaq-listed Ethereum investment firm FG Nexus (FGNX) announced it will tokenize its shares on the Ethereum (ETH) blockchain through a partnership with real-world asset and security token platform Securitize. According to CoinDesk, the tokenized shares will carry the same legal rights as their traditional counterparts. The media outlet noted that by also tokenizing its dividend-paying FGNXP preferred stock, FG Nexus has become the first U.S.-listed company to tokenize a dividend-paying equity.