[FG Nexus Sells Majority Stake in Reinsurance Division to Focus on Ethereum Strategy] FG Nexus announced the sale of the majority stake in its reinsurance division to Devondale Holdings LLC. The transaction includes approximately $3 million in cash, $1.25 million in notes, and 40% equity in Devondale. This move aims to focus on the Ethereum asset accumulation strategy, with the goal of becoming the world's largest corporate ETH holder.