According to online reports, NASDAQ-listed company FG Nexus, which holds approximately 47,000 ETH (approximately US$208 million), announced that it will work with tokenization professional firm Securitize to tokenize its NASDAQ-listed shares (including common shares and preferred shares) on Ethereum. The company recently raised approximately $200 million through private placement. The plan will allow investors to choose to convert their traditional stocks into digital tokens on Ethereum. These tokens will have the same legal rights as traditional stocks and will enable real-time on-chain settlement and automated compliance through Securitize's SEC-regulated Alternative Trading System (ATS).