Fineqia Announces Issuance of World's First ETP Deploying Underlying Digital Assets in Yield-Bearing DeFi
Fineqia International (CSE: FNQ) (OTC: FNQQF) has launched its ETN business with the world's first exchange-traded note that deploys underlying crypto assets in DeFi. The Fineqia FTSE Cardano Enhanced Yield ETN (AV: YADA) began trading on the Vienna Stock Exchange, allowing investors to benefit from Cardano price appreciation while earning DeFi yields.
The ETN is issued through Fineqia AG, the company's European subsidiary, following approval from Liechtenstein's Financial Market Authority. The product leverages FTSE Russell as the index provider and can be marketed across 27 EU member states. The launch comes amid significant growth in the DeFi sector, with total value locked reaching $182 billion in December 2024.
The ETN is part of a broader market trend, as global ETPs with digital assets reached a new all-time high of $216 billion by end of 2024, representing a 205% year-to-date increase. The Vienna Stock Exchange, where YADA is listed, accounts for approximately one-third of all 139 European ETNs with digital assets by AUM.
Fineqia International (CSE: FNQ) (OTC: FNQQF) ha lanciato la sua attività di ETN con il primo note scambiato in borsa al mondo che utilizza asset cripto sottostanti nel DeFi. Il Fineqia FTSE Cardano Enhanced Yield ETN (AV: YADA) ha iniziato a essere scambiato sulla Borsa di Vienna, consentendo agli investitori di beneficiare dell'apprezzamento del prezzo di Cardano mentre guadagnano rendimenti nel DeFi.
L'ETN è emesso da Fineqia AG, la filiale europea dell'azienda, dopo l'approvazione dell'Autorità di vigilanza del mercato finanziario del Liechtenstein. Il prodotto utilizza FTSE Russell come fornitore dell'indice e può essere commercializzato in 27 stati membri dell'UE. Il lancio avviene in un contesto di crescita significativa nel settore DeFi, con un valore totale bloccato che ha raggiunto i 182 miliardi di dollari a dicembre 2024.
L'ETN fa parte di una tendenza di mercato più ampia, poiché gli ETP globali con asset digitali hanno raggiunto un nuovo massimo storico di 216 miliardi di dollari entro la fine del 2024, rappresentando un aumento del 205% rispetto all'inizio dell'anno. La Borsa di Vienna, dove è quotato YADA, rappresenta circa un terzo di tutti i 139 ETN europei con asset digitali in termini di AUM.
Fineqia International (CSE: FNQ) (OTC: FNQQF) ha lanzado su negocio de ETN con la primera nota cotizada en bolsa del mundo que utiliza activos cripto subyacentes en DeFi. El Fineqia FTSE Cardano Enhanced Yield ETN (AV: YADA) comenzó a cotizar en la Bolsa de Valores de Viena, permitiendo a los inversionistas beneficiarse de la apreciación del precio de Cardano mientras ganan rendimientos en DeFi.
El ETN es emitido a través de Fineqia AG, la filial europea de la empresa, tras la aprobación de la Autoridad del Mercado Financiero de Liechtenstein. El producto utiliza FTSE Russell como proveedor del índice y puede comercializarse en 27 estados miembros de la UE. El lanzamiento se produce en medio de un crecimiento significativo en el sector DeFi, con un valor total bloqueado que alcanzó los 182 mil millones de dólares en diciembre de 2024.
El ETN forma parte de una tendencia de mercado más amplia, ya que los ETP globales con activos digitales alcanzaron un nuevo máximo histórico de 216 mil millones de dólares a finales de 2024, representando un aumento del 205% en lo que va del año. La Bolsa de Valores de Viena, donde se cotiza YADA, representa aproximadamente un tercio de los 139 ETN europeos con activos digitales en términos de AUM.
Fineqia International (CSE: FNQ) (OTC: FNQQF)는 세계 최초의 암호화 자산을 DeFi에 배치한 상장지수채권(ETN) 사업을 시작했습니다. Fineqia FTSE Cardano Enhanced Yield ETN (AV: YADA)는 비엔나 증권거래소에서 거래를 시작하여 투자자들이 카다노 가격 상승의 혜택을 누리는 동시에 DeFi 수익을 얻을 수 있도록 합니다.
이 ETN은 리히텐슈타인의 금융 시장 당국의 승인을 받은 후 회사의 유럽 자회사인 Fineqia AG에 의해 발행됩니다. 이 제품은 FTSE 러셀을 지수 제공자로 활용하며 27개 EU 회원국에서 판매될 수 있습니다. 이 출시는 DeFi 부문에서 상당한 성장 속에서 이루어지며, 총 잠금 가치는 2024년 12월까지 1,820억 달러에 도달했습니다.
이 ETN은 더 넓은 시장 트렌드의 일부로, 전 세계의 디지털 자산을 가진 ETP는 2024년 말까지 2,160억 달러로 사상 최고치를 기록하며 연초 대비 205% 증가했습니다. YADA가 상장된 비엔나 증권거래소는 자산 운용(AUM) 기준으로 모든 139개의 유럽 ETN 중 약 1/3를 차지합니다.
Fineqia International (CSE: FNQ) (OTC: FNQQF) a lancé son activité d'ETN avec la première note négociée en bourse au monde qui déploie des actifs crypto sous-jacents dans la DeFi. Le Fineqia FTSE Cardano Enhanced Yield ETN (AV: YADA) a commencé à être négocié à la Bourse de Vienne, permettant aux investisseurs de bénéficier de l'appréciation du prix de Cardano tout en générant des rendements DeFi.
L'ETN est émis par Fineqia AG, la filiale européenne de la société, après approbation de l'Autorité du marché financier du Liechtenstein. Le produit utilise FTSE Russell comme fournisseur d'indice et peut être commercialisé dans 27 États membres de l'UE. Le lancement intervient dans un contexte de croissance significative du secteur DeFi, avec une valeur totale verrouillée atteignant 182 milliards de dollars en décembre 2024.
L'ETN fait partie d'une tendance de marché plus large, car les ETP mondiaux avec des actifs numériques ont atteint un nouveau maximum historique de 216 milliards de dollars d'ici la fin de 2024, ce qui représente une augmentation de 205 % depuis le début de l'année. La Bourse de Vienne, où YADA est cotée, représente environ un tiers des 139 ETN européens avec des actifs numériques en termes d'AUM.
Fineqia International (CSE: FNQ) (OTC: FNQQF) hat sein ETN-Geschäft mit der weltweit ersten börsengehandelten Note gestartet, die zugrunde liegende Krypto-Assets im DeFi-Bereich verwendet. Das Fineqia FTSE Cardano Enhanced Yield ETN (AV: YADA) begann den Handel an der Wiener Börse und ermöglicht es Anlegern, von der Preissteigerung von Cardano zu profitieren, während sie DeFi-Renditen erzielen.
Das ETN wird durch die europäische Tochtergesellschaft Fineqia AG ausgegeben, nachdem die Finanzmarktaufsichtsbehörde Liechtenstein ihre Genehmigung erteilt hat. Das Produkt nutzt FTSE Russell als Indexanbieter und kann in 27 EU-Mitgliedstaaten vermarktet werden. Der Start erfolgt vor dem Hintergrund eines signifikanten Wachstums im DeFi-Sektor, wobei der insgesamt gesperrte Wert im Dezember 2024 182 Milliarden Dollar erreicht hat.
Das ETN ist Teil eines breiteren Marktentwicklungs-Trends, da die globalen ETPs mit digitalen Assets bis Ende 2024 einen neuen Allzeithöchststand von 216 Milliarden Dollar erreicht haben, was einem Anstieg von 205 % seit Jahresbeginn entspricht. Die Wiener Börse, an der YADA gelistet ist, macht etwa ein Drittel aller 139 europäischen ETNs mit digitalen Assets nach AUM aus.
- First-mover advantage in DeFi-yield ETN market
- Product approved for marketing across 27 EU countries
- Partnership with established index provider FTSE Russell
- Launch coincides with strong market growth (ETPs reaching $216B AUM)
- None.
London, United Kingdom--(Newsfile Corp. - January 24, 2025) - Fineqia International Inc. (CSE: FNQ) (OTC: FNQQF) (FSE: FNQA) (the "Company" or "Fineqia"), the digital asset and investment enterprise, announces the launch of its exchange traded note (ETN) business today with the issuance of the world's first ETN to deploy underlying crypto assets in decentralized finance (DeFi), providing investors unique access to digital assets and DeFi yields.
The Fineqia FTSE Cardano Enhanced Yield ETN (AV: YADA) (ISIN: LI1408648106) issued by its European subsidiary Fineqia AG ("Fineqia AG"), marks a significant milestone in the exchange-traded product (ETP) industry. It enables investors to benefit from any price appreciation of the underlying Cardano assets, while garnering yield regardless of price movement. Trading of the YADA ETN commences today on the Vienna Stock Exchange.
ETPs include better known exchange-traded funds (ETFs) and ETNs, which are debt instruments that collateralize underlying assets, including cryptographically encrypted digital ones. They provide investors with the fungibility, liquidity and security of a stock exchange listed financial instrument.
Fineqia's new product is at the forefront of industry innovation and positions itself uniquely in the ETF industry by incorporating DeFi features. It has an Altcoin Cardano as the underlying asset instead and deploys its native token "ADA" on yield-bearing DeFi protocols.
"The trading today of our first ETN is an exciting moment for our company," said Fineqia's CEO Bundeep Singh Rangar. "Our YADA product is unique, innovative yet compliant."
This announcement builds on Fineqia's collaboration with FTSE Russell, a unit of the London Stock Exchange Group (LSEG), which will be the index provider for the ETN. Fineqia AG's base prospectus was approved by the Liechtenstein Financial Market Authority (FMA), allowing the issuance of digital asset-backed ETNs to be marketed and promoted across 27 European Union (EU) member states.
DeFi refers to income generation activities such as borrowing, lending, trading and liquidity provisioning, conducted on blockchain networks such as Cardano. Transactions are managed via digital contracts stored on a blockchain, called smart contracts, that automatically execute when predetermined conditions are met. They provide greater transparency, efficiency, and accessibility compared with traditional financial systems.
The DeFi sector is growing significantly with the total value locked (TVL) in DeFi protocols surpassing
Cardano is a top 10 crypto currency with a market value of more than
The ETN is listed on the Vienna Stock Exchange (Wiener Börse AG), which accounts for approximately one-third of all 139 European ETNs with digital assets by Assets Under Management (AUM). A total of 228 crypto related ETPs are offered worldwide, that have combined assets of
Global ETPs with digital assets as underlying collateral revealed AUM reached a new all-time high (ATH) of
(Left) Global Distribution of ETPs by Number (Right) Global Distribution of ETPs by Value
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10329/238318_fineqiaimage.jpg
Altcoin refers to an "alternative coin" other than Bitcoin. Since Bitcoin was the first cryptocurrency, any subsequent one is considered an "alternative." Altcoins such as Cardano, Solana, Sui and the Near Protocol include payment, utility and governance tokens as well as stablecoins that are pegged to a fiat currency such as the U.S. dollar.
The ETP AUM and geographical distribution data referenced in this announcement were compiled by Fineqia's dedicated in-house research department, which has tracked worldwide digital asset backed ETPs since May 2022.[5]
All references to dollars ($) above are quoted in Canadian dollars.
Sources:
https://defillama.com
About Fineqia International Inc.
Publicly listed in Canada (CSE: FNQ) with quoted symbols on Nasdaq (OTC: FNQQF) and the Frankfurt Stock Exchange (FSE: FNQA), Fineqia provides investors with institutional grade exposure to opportunities emanating from convergence of blockchain based Decentralized Finance (DeFi) and Traditional Finance (TradFi). Its European subsidiary is an issuer of Exchange Traded Notes (ETNs) in the European Union such as Fineqia FTSE Cardano Enhanced Yield ETN (Ticker: (AV: YADA) (ISIN: LI1408648106), and its UK unit is an adviser to Actively Management Certificates (AMCs) in Europe, the Digital Asset Blockchain Infrastructure (DABI) one. Fineqia's VC fund in formation, Glass Ventures, has investments in businesses tokenizing Real-World Assets (RWAs), Artificial Intelligence (AI), DeFi and blockchain protocols. More info about the company's products and portfolio are at www.fineqia.com, x.com/FineqiaPlatform, linkedin.com/company/fineqia/, medium.com/@Fineqia, and bsky.app/profile/fineqia.bsky.social.
About Fineqia AG
Fineqia AG is a wholly owned subsidiary of Fineqia International, set up to pursue business on the European continent. Fineqia AG, based in Liechtenstein, received approval of its base prospectus by the country's Financial Market Authority (FMA) to offer Exchange Traded Notes (ETNs) collateralized by digital assets. Its base prospectus complies with the European Union's (EU) passport directive and enables its ETNs to be distributed across the EU's single market.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Director of Company
Bundeep Singh Rangar, Chief Executive Officer
Katarina Kupcikova, Marketing & Communications Manager
E. pr@fineqia.com
T. +44 7806 730 769
FORWARD-LOOKING STATEMENTS
Some statements in this release may contain forward-looking information (as defined under applicable Canadian Securities Laws) ("forward-looking statements"). All statements, other than of historical fact, that address activities, events or developments that Fineqia Intl. (the "Company") believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the failure to obtain sufficient financing, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made except as may be required by applicable securities laws. The Company disclaims any intent or obligation to update any forward-looking statement except to the extent required by applicable securities laws.
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DISCLAIMER:
Crypto assets are unregulated investment products prone to sudden and substantial value fluctuations, presenting a high risk of total loss of the invested capital. As the underlying components of the Fineqia FTSE Cardano Enhanced Yield ETN (AV: YADA) (ISIN: LI1408648106) and Digital Asset Blockchain Infrastructure (DABI) Actively Managed Certificate (AMC) are unregulated, investors are unlikely to have access to regulatory protections or investor compensation schemes. If you are unsure whether these assets are suitable for your individual circumstances, it is highly recommended to obtain independent financial and legal advice.
The information presented herein is not intended as a financial promotion. This material has been produced for circulation to a limited number of professional investors and journalists.
[1] https://defillama.com
[2] https://www.statista.com/outlook/fmo/digital-assets/defi/worldwide
[3] https://coinmarketcap.com/currencies/cardano/
[4] https://www.fineqia.com/article?id=worldwide-digital-asset-based-exchange-traded-products-aum-grew-3x-in-2024
[5] https://www.fineqia.com/article?id=worldwide-digital-asset-based-exchange-traded-products-aum-grew-3x-in-2024
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238318
FAQ
What is unique about Fineqia's (FNQQF) new Cardano ETN product?
When did Fineqia's (FNQQF) YADA ETN start trading?
What was the total value locked (TVL) in DeFi protocols as of December 2024?
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In how many EU countries can Fineqia's (FNQQF) YADA ETN be marketed?
