FUNDAMENTAL GLOBAL INC. STRENGTHENS BOARD OF DIRECTORS WITH APPOINTMENT OF BLOCKCHAIN PIONEER MAJA VUJINOVIC AND SUCESSFUL SERIAL ENTERPRENEUR & VENTURE CAPITALIST JOSE VARGAS
Fundamental Global Inc. (Nasdaq: FGNX), an Ethereum pure-play treasury company, has announced two significant appointments to its Board of Directors. Maja Vujinovic, current CEO of Digital Assets at FG Nexus and an early blockchain pioneer, brings extensive experience including her role as former CIO of Emerging Technologies at GE. Jose Vargas, Head of Business Development, joins with a strong track record in entrepreneurship and successful exits.
The appointments align with FG Nexus's strategy to become the largest corporate holder of ETH in the world. The company plans to enhance ETH yield through staking and restaking, positioning itself as a gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield.
Fundamental Global Inc. (Nasdaq: FGNX), una società di tesoreria specializzata esclusivamente in Ethereum, ha annunciato due nomine importanti nel suo Consiglio di Amministrazione. Maja Vujinovic, attuale CEO dei Digital Assets di FG Nexus e pioniera della blockchain, porta con sé una vasta esperienza, incluso il ruolo di ex CIO delle Emerging Technologies presso GE. Jose Vargas, responsabile dello sviluppo commerciale, si unisce con un solido percorso imprenditoriale e uscite di successo.
Le nomine sono coerenti con la strategia di FG Nexus di diventare il maggior detentore aziendale di ETH al mondo. La società intende aumentare il rendimento su ETH tramite staking e restaking, posizionandosi come porta d'accesso alla finanza basata su Ethereum, inclusi RWA tokenizzati e rendimenti da stablecoin.
Fundamental Global Inc. (Nasdaq: FGNX), una compañía de tesorería centrada exclusivamente en Ethereum, ha anunciado dos nombramientos significativos en su junta directiva. Maja Vujinovic, actual directora de Activos Digitales en FG Nexus y pionera temprana de la blockchain, aporta una amplia experiencia, entre ella su anterior cargo como CIO de Emerging Technologies en GE. Jose Vargas, responsable de Desarrollo de Negocio, se incorpora con un sólido historial emprendedor y salidas exitosas.
Los nombramientos se alinean con la estrategia de FG Nexus de convertirse en el mayor poseedor corporativo de ETH del mundo. La compañía planea mejorar el rendimiento de ETH mediante staking y restaking, posicionándose como puerta de entrada a las finanzas impulsadas por Ethereum, incluidos los RWA tokenizados y el rendimiento de stablecoins.
Fundamental Global Inc. (Nasdaq: FGNX)는 이더리움에만 집중하는 트레저리 회사로서 이사회에 두 명의 주요 임명을 발표했습니다. Maja Vujinovic는 현재 FG Nexus에서 디지털 자산 책임자(CEO)로 재직 중이며 초기 블록체인 개척자이자 GE의 Emerging Technologies 전 CIO로서 폭넓은 경험을 보유하고 있습니다. Jose Vargas는 비즈니스 개발 책임자로 합류하며 창업 및 성공적인 엑시트 경력을 갖추고 있습니다.
이번 임명은 FG Nexus가 세계에서 가장 큰 기업 ETH 보유자가 되려는 전략과 부합합니다. 회사는 스테이킹 및 리스테이킹을 통해 ETH 수익을 확대하고, 토큰화된 실물자산(RWA)과 스테이블코인 수익을 포함한 이더리움 기반 금융의 진입점으로 자리매김할 계획입니다.
Fundamental Global Inc. (Nasdaq: FGNX), une société de trésorerie spécialisée exclusivement dans Ethereum, a annoncé deux nominations importantes à son conseil d'administration. Maja Vujinovic, actuelle directrice des actifs numériques chez FG Nexus et pionnière précoce de la blockchain, apporte une vaste expérience, notamment en tant qu'ancienne CIO des Emerging Technologies chez GE. Jose Vargas, responsable du développement commercial, rejoint le conseil avec un solide parcours entrepreneurial et des exits réussis.
Ces nominations s'inscrivent dans la stratégie de FG Nexus visant à devenir le plus grand détenteur corporatif d'ETH au monde. La société prévoit d'améliorer le rendement sur ETH via le staking et le restaking, se positionnant comme une passerelle vers la finance propulsée par Ethereum, y compris les RWA tokenisés et les rendements des stablecoins.
Fundamental Global Inc. (Nasdaq: FGNX), ein auf Ethereum spezialisiertes Treasury-Unternehmen, hat zwei bedeutende Ernennungen in seinen Verwaltungsrat bekanntgegeben. Maja Vujinovic, derzeit CEO für Digital Assets bei FG Nexus und eine frühe Blockchain-Pionierin, bringt umfassende Erfahrung mit, darunter ihre frühere Rolle als CIO für Emerging Technologies bei GE. Jose Vargas, Leiter der Geschäftsentwicklung, tritt mit einer starken Unternehmerbilanz und erfolgreichen Exits bei.
Die Ernennungen stehen im Einklang mit der Strategie von FG Nexus, der größte unternehmerische ETH-Inhaber der Welt zu werden. Das Unternehmen plant, die ETH-Erträge durch Staking und Restaking zu steigern und sich als Tor zur Ethereum-basierten Finanzwelt zu positionieren, einschließlich tokenisierter Real-World Assets (RWA) und Erträgen aus Stablecoins.
- None.
- Significant exposure to ETH price volatility could impact financial performance
- Regulatory uncertainties in cryptocurrency and online betting sectors
- Potential accounting challenges due to crypto asset fair value measurements
Insights
FG Nexus strengthens board with blockchain pioneer and venture capitalist to advance its Ethereum treasury strategy.
This board restructuring represents a significant strategic alignment with FG Nexus's core mission as an Ethereum pure-play treasury company. The appointment of Maja Vujinovic brings substantial institutional blockchain expertise, including her pioneering 2015 work at GE implementing enterprise-grade finance transactions on blockchain and her involvement with Tether's banking acquisition. This expertise is directly relevant to the company's stated goal of becoming "the largest corporate holder of ETH in the world by an order of magnitude."
Jose Vargas's addition complements this with his track record of successful business exits and early investment experience in Digital Asset Treasury companies. His background suggests capability in scaling ventures and maximizing shareholder returns - critical skills for FG Nexus's ambitious Ethereum accumulation strategy.
The governance structure now appears more technically equipped to execute the company's specialized strategy of ETH acquisition, staking, and yield generation. This is particularly relevant given Ethereum's position as the settlement layer for most stablecoins, DeFi protocols, and tokenized assets. The board now combines blockchain operational expertise with venture scaling experience, potentially strengthening execution capabilities for their unconventional treasury approach.
While many companies add blockchain initiatives as side projects, FG Nexus is positioning itself as singularly focused on Ethereum accumulation and yield generation, and these board appointments reinforce that specialized strategic direction with relevant expertise.
This board restructuring signals meaningful governance evolution for FG Nexus's distinctive business model. Adding specialized directors with domain expertise directly addresses potential knowledge gaps in overseeing a cryptocurrency treasury strategy - an uncommon corporate focus requiring specialized risk management.
Vujinovic's institutional blockchain implementation experience at GE provides governance credibility that bridges traditional finance with digital assets. Meanwhile, Vargas's entrepreneurial background brings pragmatic scaling experience necessary for efficient capital deployment.
From a governance perspective, these appointments potentially strengthen board oversight capabilities in three critical areas: technical implementation of Ethereum staking protocols, risk management frameworks for digital asset treasury holdings, and capital allocation strategies within the Ethereum ecosystem.
Unlike typical director appointments that often serve primarily compliance functions, these selections appear operationally strategic. The specialized nature of the company's business model - essentially functioning as a publicly-traded Ethereum investment vehicle - requires precisely this type of domain-specific board expertise to provide meaningful oversight.
The board restructuring suggests management is building governance infrastructure aligned with their unconventional business model rather than simply meeting minimum regulatory requirements. This potentially strengthens accountability mechanisms for their Ethereum acquisition and yield strategy execution.
Strategic Leadership Additions Reinforce Company's Ethereum Treasury Strategy and Public Markets Expertise
Charlotte, NC, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Fundamental Global Inc. (Nasdaq: FGNX, FGNXP) (the “Company” or “FG Nexus”), the premier Ethereum pure-play treasury company, today announced the appointment of two distinguished industry leaders to its Board of Directors: Maja Vujinovic, CEO of Digital Assets, and Jose Vargas, Head of Business Development.
"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, creating the ideal governance structure as we execute our Ethereum acquisition strategy. Their combined expertise, alongside our current board, positions FG Nexus to capitalize on Ethereum's role as the foundation of digital finance and the settlement layer for the majority of stablecoins, DeFi protocols, and tokenized assets and deliver value to our shareholders," said Kyle Cerminara, CEO and Chairman of FG Nexus.
Maja Vujinovic, who currently serves as CEO of Digital Assets at FG Nexus, is an early pioneer, investor, and operator in cryptocurrencies, blockchain, and AI. Her industry-shaping contributions include acquiring the first bank for Tether and serving as CIO of Emerging Technologies at GE, where she launched one of the first institutional-grade finance transactions on blockchain in 2015.
Jose Vargas, Head of Business Development of Digital Assets at FG Nexus, is a seasoned entrepreneur and business builder with a track record of successful exits, including BrokersWeb, BlueKite, AutoWeb, and Healthcare.com. As an early investor in one of the world’s largest Digital Asset Treasury (DAT) companies, Jose brings deep expertise in digital asset treasury strategies and a strong background in scaling innovative ventures that deliver shareholder value.
Fundamental Global Inc.
Fundamental Global Inc. (Nasdaq: FGNX, FGNXP), (the “Company” or “FG Nexus”), is on the Ethereum Standard, and singularly focused on becoming the largest corporate holder of ETH in the world by an order of magnitude. In order to enhance our ETH YIELD, the Company will stake and restake, serving as a strategic gateway into Ethereum-powered finance, including tokenized RWAs and stablecoin yield.
The FG® logo and Fundamental Global® are registered trademarks of Fundamental Global LLC.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements are therefore entitled to the protection of the safe harbor provisions of these laws. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “budget,” “can,” “contemplate,” “continue,” “could,” “envision,” “estimate,” “expect,” “evaluate,” “forecast,” “goal,” “guidance,” “indicate,” “intend,” “likely,” “may,” “might,” “outlook,” “plan,” “possibly,” “potential,” “predict,” “probable,” “probably,” “pro-forma,” “project,” “seek,” “should,” “target,” “view,” “will,” “would,” “will be,” “will continue,” “will likely result” or the negative thereof or other variations thereon or comparable terminology. In particular, discussions and statements regarding the Company’s future business plans and initiatives are forward-dilooking in nature. We have based these forward-looking statements on our current expectations, assumptions, estimates, and projections. While we believe these to be reasonable, such forward-looking statements are only predictions and involve a number of risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results, performance, or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements and may impact our ability to implement and execute on our future business plans and initiatives. Management cautions that the forward-looking statements in this press release are not guarantees of future performance, and we cannot assume that such statements will be realized or the forward-looking events and circumstances will occur. Factors that might cause such a difference include, without limitation, fluctuations in the market price of ETH and any associated impairment charges that the Company may incur as a result of a decrease in the market price of ETH below the value at which the Company’s ETH are carried on its balance sheet, changes in the accounting treatment relating to the Company’s ETH holdings, the Company’s ability to achieve profitable operations, government regulation of cryptocurrencies and online betting, changes in securities laws or regulations such as accounting rules as discussed below, customer acceptance of new products and services including the Company’s ETH treasury strategy, general conditions in the global economy; risks associated with operating in the merchant banking and managed services industries, including inadequately priced insured risks and credit risk; risks of not being able to execute on our asset management strategy and potential loss of value of our holdings; risk of becoming an investment company; fluctuations in our short-term results as we implement our business strategies; risks of not being able to attract and retain qualified management and personnel to implement and execute on our business and growth strategy; failure of our information technology systems, data breaches and cyber-attacks; our ability to establish and maintain an effective system of internal controls; the requirements of being a public company and losing our status as a smaller reporting company or becoming an accelerated filer; any potential conflicts of interest between us and our controlling stockholders and different interests of controlling stockholders; and potential conflicts of interest between us and our directors and executive officers.
Our expectations and future plans and initiatives may not be realized. If one of these risks or uncertainties materializes, or if our underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. You are cautioned not to place undue reliance on forward-looking statements. Under U.S. generally accepted accounting principles, entities are required to measure certain crypto assets at fair value, with changes reflected in net income each reporting period. Changes in the fair value of crypto assets could result in significant fluctuations to the income statement results. The forward-looking statements are made only as of the date hereof and do not necessarily reflect our outlook at any other point in time. We do not undertake and specifically decline any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect new information, future events or developments.
Investor Contact
invest@fgnexus.io
Media Contact
media@fgnexus.io
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