Fineqia to streamline ETN operations through partnership with ETPLink
Published: 13:02 18 Mar 2025 GMT
Fineqia International Inc (CSE:FNQ, OTC:FNQQF) has announced a partnership between its subsidiary Fineqia AG and ETPLink to enhance the management of exchange-traded notes (ETNs) using distributed ledger technology.
ETPLink's platform will integrate with Fineqia AG’s infrastructure to automate and improve the ETN creation and redemption process, Fineqia said in a statement.
Fineqia AG recently issued the world’s first ETN utilizing decentralized finance assets, the Fineqia FTSE Cardano Enhanced Yield ETN listed on the Vienna Stock Exchange and later on the Stuttgart Stock Exchange.
The partnership agreement between Fineqia AG and ETPLink, signed in June 2023, took effect with the ETN launch in January 2025.
"By integrating ETPLink's primary market order management platform into the foundation of our ETN products, we streamline operations for our authorized participants, fund administrators, and custodians,” Fineqia CEO Bundeep Singh Rangar said.
“This enhances investor trust, ensures regulatory alignment, and further solidifies our position in the digital asset market.”
Roger Balch, ETPLink director of business development and operations, welcomed Fineqia to the ETPLink network.
"We look forward to bringing further speed and efficiency to market participants, driving liquidity, and contributing to the growth and development of the ETP market,” Balch said.