Fineqia International Inc
LONDON, U.K., April 20 /PRNewswire/
Fineqia International Inc. (the “Company” or “Fineqia”) (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) is pleased to announce that its subsidiary, Fineqia AG, has joined forces with FTSE Russell, a leading global index provider.
The collaboration gives Fineqia access to FTSE Russell’s extensive indexing and analytics capabilities, allowing the company to further enhance the transparency, liquidity and accessibility of its Exchange Traded Products (ETPs).
“We are excited to be able to develop our product range alongside FTSE Russell, a company that shares our commitment to innovation and high standards of governance,” said Michael Coletta, Fineqia’s Chief Strategy Officer. “This collaboration will enable us to offer world-class investment opportunities that meet the highest standards of transparency and security.”
Kristen Mierzwa, Head of Digital Assets at FTSE Russell, added: “Fineqia’s focus on ETPs aligns 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 increase transparency and bringing accessibility to the digital asset market.”
By using FTSE Russell indices, Fineqia is expected to significantly improve the transparency and liquidity of its digital asset investment products and strengthen the company’s position as a leading provider of quality investment solutions.
The binding agreement between FTSE Russell and Fineqia was signed on April 21, 2023.
About FTSE Russell
FTSE Russell is a leading global index provider providing innovative benchmarking, analytics and data solutions to 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 global investable market.
The expertise and products of the FTSE Russell index are widely used by institutional and retail investors around the world. Around $16 trillion is currently measured on the FTSE Russell indices. For over 30 years, leading asset owners, money managers, ETF providers and investment banks have chosen FTSE Russell indices to measure their investment performance and create ETFs, structured products and index-based derivatives.
The design and maintenance of the FTSE Russell Indices is based on a set of universal principles: A transparent, rules-based methodology is established by independent committees of leading market participants. FTSE Russell focuses on applying the highest industry standards in index construction and maintenance and adheres to IOSCO principles. FTSE Russell also focuses on index innovation and client partnerships to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by the London Stock Exchange Group.
For more information, see www.ftserussell.com.
About Fineqia International Inc.
Phoenicia ( www.fineqia.com) is a digital asset company that makes targeted 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 UK debt issuance. Fineqia is publicly listed in Canada (CSE: FNQ) and has offices in Vancouver and London. Its investment portfolio includes companies that are leaders in tokenization, blockchain technology, NFTs and fintech.
Information on Fineqia AG
Fineqia AG is a wholly owned subsidiary of Fineqia International which was established to do business on the European continent. Liechtenstein-based Fineqia AG has received approval of its base prospectus from the Financial Market Authority (FMA) to offer Exchange Trades Notes (ETNs) backed by digital assets. The base prospectus complies with the passport directive of the European Union (EU) and enables the ETNs to be sold throughout the EU internal market.
FORWARD LOOKING STATEMENTS
Certain statements in this press release may contain forward-looking information (as defined under applicable Canadian securities laws) (“forward-looking statements”). Any statements, other than statements of historical fact, relating to activities, events or developments that Fineqia (the “Company”) believes, expects or foresees will or may occur in the future (including but not limited to Statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally qualified by the 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 of 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, and which could cause the Company’s actual results to differ materially from those projected in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, without limitation, failure to raise sufficient funds and other risks described in the public disclosure documents filed with relevant securities regulatory authorities company are disclosed. Any forward-looking statement speaks only as of the date on which it is made, except as required by applicable securities laws. The Company disclaims any intention or obligation to update any forward-looking statement, except as required under applicable securities laws.
Katarina Kupcikova, Analyst, E. [email protected], T. +44 7806 730 769; Medienkontakt, Angus Campbell, Nominis Advisory, [email protected]
Original content from: Fineqia International Inc, transmitted by news aktuell
