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About Fineqia International Inc.
Fineqia International Inc. (CSE: FNQ, OTC: FNQQF, FSE: FNQA) is a publicly traded digital asset and fintech investment company headquartered in London, United Kingdom. The company focuses on building and targeting investments in early and growth-stage technology companies that are shaping the next generation of the Internet, including Web 3.0 and Web 4.0 technologies. Fineqia's diverse portfolio spans blockchain technology, tokenization, decentralized finance (DeFi), artificial intelligence (AI), and real-world asset (RWA) tokenization.
Core Business Areas
Fineqia operates across three primary verticals:
- Venture Capital Investments: Through its venture capital arm, Glass Ventures, Fineqia invests in category-defining companies at the forefront of blockchain, tokenization, and AI. These investments aim to foster innovation in industries such as insurance, real estate, and private credit.
- Exchange-Traded Products (ETPs): Fineqia is a pioneer in the digital asset ETP space, offering innovative products like the Fineqia FTSE Cardano Enhanced Yield ETN. These products provide investors with exposure to digital assets while integrating yield-generating DeFi protocols. Fineqia's ETPs are listed on major European exchanges, ensuring liquidity and accessibility for institutional and retail investors.
- Consulting Services: Fineqia provides advisory services to corporates on blockchain technologies and tokenization. The company's expertise in DeFi and blockchain-based financial solutions has enabled it to generate revenue through consulting engagements focused on tokenizing real-world assets such as insurance-linked securities (ILS).
Market Position and Differentiation
Fineqia is strategically positioned within the rapidly evolving digital asset ecosystem. Its ability to combine investment, advisory, and product innovation sets it apart from competitors. The company's collaboration with industry leaders like FTSE Russell and its regulatory compliance across jurisdictions like Canada, the UK, and the EU further enhance its credibility.
Innovative Products and Industry Contributions
Fineqia has introduced groundbreaking products such as the Digital Asset Blockchain Infrastructure (DABI) Actively Managed Certificate (AMC) and the world's first ETN to deploy crypto assets in DeFi protocols. These offerings not only provide investors with unique exposure to digital assets but also underscore Fineqia's commitment to driving innovation in the financial markets.
Commitment to Transparency and Expertise
Fineqia's operations are underpinned by a strong focus on transparency, regulatory compliance, and risk management. The company's in-house research team provides comprehensive analysis of global digital asset trends, further demonstrating its expertise and authority in the fintech and blockchain sectors.
Conclusion
With its multi-faceted approach to digital asset investments, consulting, and product innovation, Fineqia International Inc. stands as a key player in the digital transformation of financial markets. Its strategic focus on tokenization, blockchain infrastructure, and DeFi positions it to capitalize on the growing adoption of digital assets globally.
Fineqia International Inc. (CSE: FNQ, OTC: FNQQF) announced the closing of the third tranche of its non-brokered private placement, raising C$431,856.90 through the issuance of 43,185,690 units. Cumulatively, the offering has garnered gross proceeds of C$4,756,105.90, following an increase in the offering size to C$5 million. Each unit consists of a common share and a warrant exercisable at C$0.05 for three years. The proceeds will enhance working capital, while units issued to directors are classified as related party transactions.
Fineqia International Inc. (CSE: FNQ, OTC: FNQQF) reported a significant increase in its investment value in IDEO CoLab Distributed Web Offshore Fund 1 LP, seeing a 7x rise as of March 31, 2022. The investment, made in August 2019, constitutes less than 3% of Fineqia's market capitalization. The Fund is associated with renowned companies like IDEO and Coinbase, and has invested in 41 blockchain startups. Fineqia's strategy focuses on blockchain-based financial solutions and has no exposure to FTX or Alameda Research.
Fineqia International Inc. has established a wholly owned subsidiary, Fineqia AG, in Liechtenstein to expand its operations in Europe. This move allows Fineqia to utilize the favorable regulatory environment in Liechtenstein for digital assets. The new subsidiary aims to enable compliance with EU financial markets regulations. Additionally, Fineqia has extended its private placement closing date to December 10, 2022, due to health issues within its management. The company has also launched a revamped corporate website to enhance its online presence.
On October 12, 2022, Fineqia International Inc. (CSE: FNQ, OTC: FNQQF) announced the closing of the second tranche of its non-brokered private placement, raising a cumulative total of C$4,546,224. The second tranche alone contributed C$4,201,224 by issuing 420,122,400 Units, with Wavemaker Genesis Master Fund Ltd. participating in 15%. The proceeds will enhance working capital and reduce debt. Each Unit sold consists of one common share and a Warrant exercisable at C$0.05 for three years.
Fineqia International's analysis reveals a significant 7.5% decline in the Assets Under Management (AUM) of global cryptocurrency Exchange Traded Products (ETPs) during September, dropping to $23.5 billion from $25.4 billion. Year-to-date, AUM decreased by 60% from $58.5 billion in January. The cryptocurrency market cap was under $1 trillion, reflecting pressures from rising interest rates and inflation. ETPs with Bitcoin and Ethereum saw notable declines of 4% and 16%, respectively, correlating with price drops of 4% for Bitcoin and 17.3% for Ethereum in September.
Fineqia International Inc. disclosed an 11% drop in the Assets Under Management (AUM) of Global Exchange Traded Products (ETPs) with cryptocurrencies as underlying assets from Aug. 1 to Sept. 1, 2022, decreasing from $28.5 billion to $25.4 billion. Bitcoin ETPs are down 12% to $16.7 billion, correlating with a 13% decline in Bitcoin's price. Ethereum ETPs dropped 8%, despite a smaller drop in ETH price. The total AUM for crypto ETPs plummeted 57% YTD, despite the introduction of 46 new products in 2022, indicating a challenging market influenced by rising interest rates and economic factors.
Fineqia International Inc. (CSE: FNQ, OTC: FNQQF) has acquired the Fineqia platform from Nivaura Ltd, obtaining exclusive rights to its software and intellectual property, which supports debt and equity placements. The acquisition aligns with Fineqia's strategy to enhance its blockchain-based financial services. Nivaura, known for its innovations, has previously worked with major financial entities. The acquisition price is less than 1% of Fineqia's market capitalization. Additionally, Stephen McCann returns as interim CFO, following Cheryl Kong's resignation.
On August 4, 2022, Fineqia International Inc. (CSE: FNQ, OTC: FNQQF) announced an increase in its non-brokered private placement from 400 million units to 500 million units at C$0.01 each, aiming to raise up to C$5 million. Following this, the company completed the first tranche, issuing 34.5 million units to raise C$345,000. Each unit consists of one common share and one warrant, exercisable at C$0.05 for three years. Proceeds will enhance working capital and reduce debt. The offering remains subject to regulatory approval.
FAQ
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What is the Digital Asset Blockchain Infrastructure (DABI) AMC?
