Fineqia is developing Crypto ETF capability with global index provider FTSE Russell

Fineqia is developing Crypto ETF capability with global index provider FTSE Russell

LONDON, United Kingdom, 21 April 2023 /PRNewswire/ – Fineqia International Inc. (the “Company” or “Fineqia”) (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) is pleased to announce that its subsidiary, Fineqia AG, is partnering with FTSE Russell, a leading global index provider.

Fineqia International Inc. logo (CNW Group/Fineqia International Inc.)

Fineqia International Inc. logo (CNW Group/Fineqia International Inc.)

The relationship will enable Fineqia to have access to FTSE Russell’s comprehensive indexing and analytics capabilities, allowing the company to further improve the transparency, liquidity and accessibility of its exchange-traded products (ETPs).

“We are delighted to develop our product suite with FTSE Russell, as a company that shares our commitment to innovation and high governance standards,” said Fineqia’s Chief Strategy Officer, Michael Coletta. “This collaboration will allow us to offer top-quality opportunities that meet the highest standards of transparency and security.”

Kristen MierzwaHead of Digital Assets at FTSE Russell, added “Fineqia’s focus on ETPs is in line with our mission to provide investors with reliable, comprehensive and innovative tools to make informed decisions. We are delighted to support Fineqia in its efforts to provide increased transparency and accessibility to the digital asset market.”

Fineqia’s use of FTSE Russell indices is expected to significantly improve the transparency and liquidity of its digital asset investment products, strengthening the company’s position as a leader in quality institutional investment solutions.

The binding agreement between FTSE Russell and Fineqia was signed 21 April 2023.

About FTSE Russell

FTSE Russell is a global index leader providing innovative benchmarking, analysis and data solutions for investors worldwide. FTSE Russell calculates thousands of indices that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.

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FTSE Russell index expertise and products are widely used by institutional and retail investors globally. Approximately 16 trillion dollars is currently benchmarked to FTSE Russell indices. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indices to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and management and embraces the IOSCO principles. FTSE Russell is also focused on index innovation and client partnerships as it seeks to improve the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by the London Stock Exchange Group.

For more information, visit www.ftserussell.com.

About Fineqia International Inc.

Fineqia (www.fineqia.com) is a digital asset firm that builds and targets investments in early- and growth-stage technology companies that will be part of the next generation of the Internet. It also provides a platform to support and manage the issuance of debt securities in the UK. Publicly listed in Canada (CSE: FNQ) with offices in Vancouver and LondonFineqia’s portfolio of investments includes businesses at the forefront of tokenization, blockchain technology, NFTs and fintech.

About Fineqia AG

Fineqia AG is a wholly owned subsidiary of Fineqia International, established to conduct 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) secured by digital assets. The Base Prospectus complies with the European Union (EU) passporting directive and enables the ETNs to be distributed across the EU single market.

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FORWARD-LOOKING STATEMENTS

Certain statements in this release may contain forward-looking information (as defined under applicable Canadian securities laws) (“forward-looking statements”). All statements, other than historical facts, that relate to activities, events or developments that Fineqia (the “Company”) believes, expects or expects will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financing) are forward-looking statements. Forward-looking statements are generally identifiable by the use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” . ” or “project” or the negative of those words or other variations of those 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, which could cause the Company’s actual results 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, without limitation, failure to obtain adequate financing and other risks disclosed in the company’s public disclosure registers with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date it is made, except as required by applicable securities laws. The Company disclaims any intention or obligation to update any forward-looking statement except to the extent required by applicable securities laws.

Cision

Cision

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SOURCE Fineqia International Inc.

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