Fineqia Worldwide Inc., a digital asset and funding agency, has introduced a partnership between its subsidiary, Fineqia AG, and Copper.co, a supplier of digital asset custody, collateral administration, and prime providers.
Copper to supply safe custody options for @FineqiaPlatform AG’s Alternate-Traded Word (ETN) enterprise.
“Offering safe custody options for the digital belongings backing our ETNs is a prime precedence,” mentioned Matteo Greco, Digital Asset Analysis Analyst at Fineqia Worldwide… pic.twitter.com/ph2R6jPVdn
— Copper.co (@CopperHQ) February 6, 2025
In an announcement shared with Cryptonews, the corporations mentioned they search to boost the safety and integrity of Fineqia AG’s exchange-traded be aware (ETN) enterprise by leveraging Copper’s institutional-grade custody providers.
“We’re excited to develop a mutually useful relationship. Copper’s superior custody options are industry-leading, making us a trusted associate for corporations innovating within the digital asset funding {industry},” mentioned Ross Budgen, shopper options director at Copper.
“Offering safe custody options for the digital belongings backing our ETNs is a prime precedence. This collaboration underscores Fineqia AG’s dedication to providing dependable and clear merchandise,” added Matteo Greco, digital asset analysis analyst at Fineqia Worldwide.
Why Safe Custody Issues for ETNs
Within the issuance of ETNs, safe custody is essential to guard the underlying digital belongings from dangers equivalent to theft, loss, or unauthorized entry.
Copper’s custody infrastructure is designed to safeguard these belongings successfully, reinforcing investor confidence.
By entrusting asset custody to Copper, Fineqia AG underscores its dedication to dependable and clear funding merchandise, which, in flip, fosters larger belief amongst institutional buyers.
Fineqia’s New Crypto ETN & ETP Overview
On January 24, 2025, Fineqia AG introduced the issuance of a brand new ETN that deploys underlying crypto belongings in decentralized finance (DeFi).
Thrilling information from Fineqia! We’re proud to announce the launch of the world’s first ETN that deploys underlying digital belongings in DeFi!
Introducing the Fineqia FTSE Cardano Enhanced Yield ETN (Ticker: YADA), providing distinctive entry to digital belongings and DeFi yields. pic.twitter.com/Q4WNEjn6oL— Fineqia (@FineqiaPlatform) January 24, 2025
Dubbed the Fineqia FTSE Cardano Enhanced Yield ETN (Ticker: YADA), it’s listed on the Vienna Inventory Alternate.
In response to the agency, the product affords institutional buyers publicity to Cardano and DeFi, leveraging FTSE Russell’s experience in index administration.
Alternate-traded merchandise (ETPs)—together with ETNs and ETFs—enable buyers to achieve publicity to numerous belongings, together with digital belongings, in a well-recognized exchange-traded format.
ETNs, equivalent to these issued by Fineqia AG, are debt devices that monitor the efficiency of particular underlying belongings.
By combining well-managed custody options and a longtime index supplier, Fineqia AG seeks to ship a safe, clear, and accessible path for institutional buyers exploring the digital asset house.
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