FG Nexus Buys $200M in Ether in Bid for 10% Network Stake

FG Nexus has made a significant investment by purchasing $200 million worth of Ether, a popular cryptocurrency, as part of its strategy to acquire a 10% stake in the network. This bold move reflects the company's commitment to expanding its presence in the digital asset market and leveraging the potential growth of the Ethereum network. With this substantial acquisition, FG Nexus aims to strengthen its position and influence within the rapidly evolving blockchain ecosystem. source: https://www.coindesk.com/business/2025/08/11/fg-nexus-buys-usd200m-in-ethereum-in-bid-for-10-network-stake