FG Nexus Inc. is a holding company that operates two primary business segments: digital assets and merchant banking. In its digital assets segment, the company manages a treasury portfolio focused on Ethereum and real-world asset tokenization opportunities across asset classes such as affordable housing, reinsurance, and real estate, holding its digital assets with institutional custodians and receiving treasury management services from an external provider. In merchant banking, the company provides strategic, administrative, and regulatory support to special purpose acquisition companies (SPACs) through its SPAC platform and co-sponsored partnerships. The company generates revenue primarily from its digital asset holdings and treasury management arrangements, including asset-based management fees structured on a tiered basis.
| USD millions | FY2025 |
|---|---|
| Revenue | 2 |
| Net Income to Common | -69 |