Fundamental will conduct a $200 million private placement to launch Ethereum reserves

According to Foresight News, Fundamental Global Inc., a Nasdaq listed company, announced the sale of 40 million common shares at a price of $5 per share, with an expected total proceeds of $200 million, which will be used to launch the company's Ethereum reserve strategy. Participants include Galaxy Digital、Kraken、Hivemind Capital、Syncracy Capital、Digital Currency Group （DCG） And Kenetic.