FG Nexus enters $10M digital currency loan at 7.9% secured by Staked ETH

FG Nexus Inc.

Entered master digital currency loan agreement and drew $10M evergreen loan at 7.9% annual borrow fee.
Collateral is Staked ETH with 170% initial level; margin call if collateral falls to 140%.
Loan is recallable by lender with 30 days notice; no fixed maturity date (evergreen).
Account control agreement executed with custodian over ETH holdings to secure lender's interest.
Counterparty (lender) name is redacted; loan proceeds use not specified.

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