Fineqia International Inc (CSE:FNQ, OTC:FNQQF) is betting on a new kind of financial product to reshape the way investors engage with digital assets.
Fineqia, a digital asset and investment business listed on the Canadian Stock Exchange (CSE), recently launched its Fineqia FTSE Cardano Enhanced Yield exchange-traded note (ETN)—an industry-first that aims to combine the potential upside of cryptocurrencies with greater stability and consistent yield. Trading under the ticker YADA, the ETN is listed on the Vienna Stock Exchange.
YADA allows investors to gain exposure to the price appreciation of Cardano, a top 10 digital asset, while earning yield through decentralized finance (DeFi) protocols. Fineqia’s ETN is also benchmarked to the FTSE Russell index, allowing for greater transparency and security.
CEO Bundeep Singh Rangar described YADA as an “icebreaker” for the industry. “We didn’t want to be another copycat…
