FG Nexus has secured $200 million in private funding to implement a strategic shift adopting Ethereum as its principal treasury reserve asset. Previously known as Fundamental Global, the rebranded entity is spearheaded by executives Joe Moglia and Maja Vujinovic, positioning… Read More »FG Nexus Raises $200 Million to Adopt Ethereum as Primary Treasury Asset
The Ethereum Foundation has transferred 1,000 ETH, valued at approximately $2.4 million, to cryptocurrency wallet address 0xc061…0B6d. This transaction increases the recipient wallet’s total holdings to 7,000 ETH, equivalent to roughly $17 million at current market rates. The movement indicates… Read More »Ethereum Foundation Transfers 1,000 ETH in Strategic Liquidity Management Move
SharpLink Gaming has significantly bolstered its position as the leading publicly listed holder of Ethereum (ETH), increasing its treasury holdings to 188,478 coins. The company invested approximately $30.67 million to acquire the additional ETH at an average price of $2,513… Read More »SharpLink Gaming Emerges as Largest Ethereum Holder Among Public Companies
Texas has allocated $10 million to establish an official Bitcoin reserve, marking the first instance of a U.S. state treasury holding cryptocurrency assets. The initiative positions Texas as a pioneer in governmental digital asset adoption amid increasing institutional interest in… Read More »Texas Announces $10M Bitcoin Reserve as First U.S. State Holding Crypto Treasury