FG Nexus appoints two digital asset experts to board of directors

CHARLOTTE - Fundamental Global Inc. (NASDAQ:FGNX, FGNXP), a company focused on Ethereum acquisition, announced Thursday the appointment of Maja Vujinovic and Jose Vargas to its Board of Directors. The company, currently trading at $0.12 per share, maintains a strong liquidity position with a current ratio of 6.48, according to InvestingPro data.

Vujinovic, who currently serves as CEO of Digital Assets at FG Nexus, brings experience as an early pioneer in cryptocurrencies and blockchain. Her background includes acquiring the first bank for Tether and serving as CIO of Emerging Technologies at GE, where she implemented institutional-grade finance transactions on blockchain in 2015.

Vargas, appointed as Head of Business Development, joins with entrepreneurial experience including successful exits from companies such as BrokersWeb, BlueKite, AutoWeb, and Healthcare.com. He was also an early investor in a major Digital Asset Treasury company.

"These strategic Board appointments bring together Maja’s pioneering work in digital assets and institutional blockchain adoption and Jose’s proven record of building and scaling innovative financial and technology companies," said Kyle Cerminara, CEO and Chairman of FG Nexus, according to the company’s press release. InvestingPro analysis shows the company maintains a FAIR financial health score of 2.01, despite facing revenue challenges in recent quarters.

FG Nexus describes itself as "the premier Ethereum pure-play treasury company" that aims to become "the largest corporate holder of ETH in the world." The company states it plans to stake and restake Ethereum to enhance yield.

The appointments come as the company continues to execute its strategy focused on Ethereum acquisition and positioning itself in the digital finance sector. With a beta of 1.99, the stock shows higher volatility compared to the market. For deeper insights into FGNX’s valuation and growth potential, InvestingPro subscribers have access to over 30 additional financial metrics and expert analysis.

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