FG Nexus has fully exited the digital-asset business it launched in 2025, selling all previously held ETH and wrapped staked ETH before June 30 after the board authorized management in June 2026 to continue reducing exposure and leave the business. The Nasdaq-listed company said in an Aug. 12 SEC filing that assets of discontinued operations fell to zero from $133.267 million at Dec. 31, 2025, while ETH sale proceeds totaled $60.956 million in the first half and a further $14.983 million receivable was collected in July. The company disclosed that its digital asset operations generated more than $75 million in cash from sales of Ethereum and other digital assets and produced a $45.2 million loss in the first half of 2026. It had adopted Ether as its primary treasury asset, reached holdings of 50,000 ETH valued at $210.1 million by September 2025, and at one point said it was targeting a 10% stake in the Ethereum network. Native staking ran from August through December 2025 and stopped thereafter, while liquid staking positions were redeemed in the second quarter. FG Nexus also traded ETH-denominated options in early 2026, recording a $0.4 million net realized gain in the first half, and had no contracts outstanding at June 30. The retreat came as total stockholders’ equity fell to $64.121 million from $143.491 million at year-end, total assets dropped to $69.328 million from $163.844 million, and the company posted a consolidated net loss of $56.928 million for the six months ended June 30, including $43.582 million of loss from discontinued operations covering the digital-assets and reinsurance businesses. FG Nexus is now focused on merchant banking and real estate, has authorized capital reallocation to real estate acquisitions, and is weighing a preliminary potential business combination with FG Communities that remains under review by an independent special committee.