Fineqia International ( (TSE:FNQ) ) has issued an announcement.
Fineqia International Inc. has launched the Fineqia FTSE Cardano Enhanced Yield ETN, which is benchmarked to FTSE Russell’s index, offering institutional investors exposure to Cardano and decentralized finance. The collaboration with FTSE Russell combines Fineqia’s digital asset expertise with FTSE’s index management experience, aiming to provide a diversified and transparent basket of digital assets for institutional investors. This partnership and product launch are expected to establish a standard for institutional quality products, enhancing Fineqia’s industry positioning and potentially benefiting stakeholders by broadening investment opportunities in digital assets.
More about Fineqia International
Fineqia International Inc. is a digital asset and investment firm publicly listed in Canada, with additional listings on Nasdaq and the Frankfurt Stock Exchange. The company provides institutional-grade exposure to opportunities arising from the convergence of blockchain-based Decentralized Finance (DeFi) and Traditional Finance (TradFi). Its European subsidiary issues Exchange Traded Notes (ETNs) and its UK unit advises on Actively Management Certificates (AMCs). Fineqia also has a venture capital fund in formation, Glass Ventures, investing in tokenization of Real-World Assets, Artificial Intelligence, DeFi, and blockchain protocols.
YTD Price Performance: 0%
Average Trading Volume: 637,715
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$14.41M
Learn more about FNQ stock on TipRanks’ Stock Analysis page.