Ethereum-focused digital asset treasury firm FG Nexus (FGNX) said Thursday it has tapped tokenization specialist firm Securitize to let investors hold its common and preferred shares as tokens on the Ethereum blockchain.

After Securitize’s tokenization treatment, shareholders can choose to convert their common stock (FGNX) into Ethereum-based tokens, giving them the same legal rights as traditional shares. The company will also tokenize its perpetual preferred stock (FGNXP), which pays regular dividends, making it the first U.S. exchange-listed dividend equity to transition fully onto the crypto rails.

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