-
Lufthansa wins contest for TAP Air Portugal stake
-
Medvedev sees off Tsitsipas to reach Shanghai Masters quarters
-
AI worms, 'major' incident fears spur safety calls at industry summit
-
Louvre boss warns of closure risk without major renovations
-
Fuel shortage triggers queues on Indonesia's Bali island
-
Lawes and Genge urge England to end ban on overseas-based players
-
Evolution Metals & Technologies Corp. Reaffirms $400 Million to $460 Million FY2027 Revenue Guidance, Unveils Eight Sintered Magnet Grades Covering an Estimated 75% of Global NdFeB Revenue, and Moves to Answer U.S. Army Call for Rare Earth Magnets
-
Metrika Selected by OCC to Support Stablecoin Supervisory Framework Under the GENIUS Act
-
Trial defence says Russia used Nord Stream pipelines as 'weapon'
-
Kenya hosting 2029 World Championships will help doping fight, says Coe
-
Israeli settlers set fire to mosque in occupied West Bank
-
UK prosecutor tells jury Russell Brand a 'sexual predator'
-
Macron says French student protesters 'exploited' by political forces: spokeswoman
-
Fulham manager Arbeloa fined £25,000 after Man Utd outburst
-
Stocks diverge ahead of key US inflation data
-
Nepal flood triggered by rock and ice avalanche: report
-
Japan summons Russian ambassador to protest journalist's arrest
-
'Distressed' family of UK man killed by tiger urge end to online posts
-
Workers to strike at world's largest copper mine in Chile
-
Regulator expects Man City appeal to be heard by January
-
Ukraine accuses US of helping Russia as missiles hit Kyiv
-
Rising Spanish tennis star handed code violation for swearing at ballboy
-
Drone hits data centre of Russia's largest bank
-
Last of the French musketeers Monfils officially retired from tennis
-
Bivial AG Brings Its Complete Dashboard to Mobile
-
Ukraine ex-military officer stands trial over Nord Stream sabotage
-
Mont Blanc nearly two metres taller than in 2023: French surveyors
-
British and Irish Lions to play first women's match against France
-
Pope recovering after lung cancer operation that rattles Church
-
Fuel shortage triggers queues on resort island Bali
-
Indonesia haze spikes Singapore pollution, shuts East Timor schools
-
Sao Tome's niche vanilla finds far-away fans
-
Higher borrowing costs an 'alarm signal' for France: finance minister
-
China-North Korea bridge to open Thursday, 12 years late
-
Zelensky accuses Putin of disrespecting Trump after latest attacks
-
Asian stocks mostly down as tech firms struggle to claw back losses
-
Japan PM says housework makes her busier than male predecessors
-
AI boom drives record sales at Dutch tech giant ASML
-
Top Indian 'cockroach' leaders sent to jail after protest
-
Trump says 'massive' oil, gas, mineral exploration to begin in Greenland
-
Ukraine ex-military officer to stand trial over Nord Stream sabotage
-
China heads for record trade surplus as exports surge
-
IMF chief says Saudi attacks could have negative spillover 'everywhere'
-
Vietnam mourns 700 war dead in major push to identify missing
-
Premier League move a Sage decision for new Palace boss
-
Relentless Swiatek wins all-Polish battle to launch Wuhan campaign
-
South Korean FA condemns 'personal attacks' as rift rumours grow
-
Seeing pivotal election, Israelis fly from around world to vote
-
Japan urges 'impartial treatment' of journalist arrested in Russia
-
South Korea's Eom 'racially abused' in England's Championship: club
Fineqia AG Partners with Quirin Privatbank as ETN Paying Agent
LONDON, GB / ACCESS Newswire / May 13, 2025 / Fineqia International Inc. ("Fineqia") (CSE:FNQ)(OTC PINK:FNQQF)(Frankfurt:FNQA), a digital asset and investment business, announces a partnership between its subsidiary Fineqia AG ("Fineqia AG") and Quirin Privatbank AG ("Quirin bank") to serve as the paying agent for its exchange-traded notes (ETNs) business.
As the Paying Agent, Quirin bank will be responsible for handling the distribution of dividends and other payments to investors, ensuring that all transactions related to Fineqia AG's ETNs are processed smoothly and efficiently. This role is essential for maintaining transparency and trust with investors, as it facilitates the timely and secure delivery of payments related to Fineqia AG's digital asset-backed ETNs.
"We're pleased to work with Quirin bank, whose expertise in managing financial market transactions and investor operations complements our efforts to deliver reliable ETN products," said Warren Sergeant, chief financial officer of Fineqia International Inc. "As our paying agent, their role ensures secure and timely payments for our investors while expanding their reach in the growing digital asset market."
On January 24, Fineqia AG announced the issuance of the world's first ETN to deploy underlying crypto assets in decentralized finance (DeFi). The Fineqia FTSE Cardano Enhanced Yield ETN (Ticker: YADA; ISIN: LI1408648106) is listed on the Vienna Stock Exchange and has secured C$45 million in assets under management (AUM). It was also listed on the Stuttgart Stock Exchange on 10 March 2025.
Exchange-traded products (ETPs), including exchange-traded funds (ETFs) and ETNs, provide investors with a regulated and liquid means of gaining exposure to a variety of asset classes. ETNs, such as those issued by Fineqia AG, are debt instruments designed to track the performance of an underlying asset, including digital assets. Together with ETFs, ETNs form a broader category of ETPs that give investors diversified access to emerging and established markets.
The partnership agreement between Fineqia AG and Quirin Bank was renewed and signed on 4 March 2025. Quirin Bank's services commenced with the launch of the ETN, on 24 January 2025, in line with the terms of the agreement. The terms of this agreement are confidential.
For more information, visit www.fineqia.com.
About Fineqia International Inc.
Publicly listed in Canada (CSE: FNQ) with quoted symbols on Nasdaq (OTC: FNQQF) and the Frankfurt Stock Exchange (Frankfurt: FNQA), Fineqia provides investors with institutional grade exposure to opportunities from blockchain based Decentralized Finance (DeFi). Its European subsidiary is an issuer of crypto asset backed Exchange Traded Notes (ETNs) such as the Fineqia FTSE Cardano Enhanced Yield ETN (Ticker: YADA; ISIN: LI1408648106), and its UK unit is an adviser to Actively Management Certificates (AMCs) in Europe, such as the Digital Asset Blockchain Infrastructure (DABI) one. Fineqia has investments in businesses tokenizing Real-World Assets (RWAs), dApps, DeFi and blockchain protocols. More info at www.fineqia.com, x.com/FineqiaPlatform, linkedin.com/company/fineqia/, medium.com/@Fineqia, and @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.
About Quirin Privatbank AG
Quirin Privatbank AG, formerly known as Quirin Bank AG, is a Germany-based bank operating through two segments: Fee-based Advisory Services and Corporate Bank. Founded in 2006, Quirin Privatbank differentiates itself from other private banks in Germany by abolishing the usual commissions in the financial sector and providing fee-only advisory services. The bank operates as an investment banking firm and ensures truly independent advice by refraining from offering in-house products. This business model allows Quirin Privatbank to deliver unbiased and transparent financial advice to its clients.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Warren Sergeant, CFO
E. [email protected]
T. +44 78187 11024
Aayushi Jain, Marketing Manager
E. [email protected]
T. +44 78778 60812
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.
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 (Ticker: 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.
SOURCE: Fineqia
View the original press release on ACCESS Newswire
T.Perez--AT