FG Nexus Inc. has entered into a new master digital currency loan agreement with an undisclosed lender. Under the agreement, finalized on October 29, 2025, the company can request loans in either digital currency or cash, with each loan's specific terms detailed in a separate loan term sheet. On October 30, 2025, FG Nexus and the lender executed a loan term sheet for a $10 million loan with a 7.9% borrow fee. The loan is secured by staked ETH as collateral at an initial level of 170%, with margin calls triggered if collateral falls to 140%. The loan is structured as evergreen, meaning it is due 30 days after the lender issues a recall request, and includes additional provisions for post-default hedging costs and remedies in case of default.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FG Nexus Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-020768), on November 04, 2025, and is solely responsible for the information contained therein.
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