Fineqia launches world’s first DeFi yield Cardano ETN

Fineqia AG, the European subsidiary of digital assets and the International Fineqia Investment Company, has unveiled the very first note negotiated on the stock market which deploys Cardano assets for decentralized finance yield.

The ETN of yield improved fineqia ftse cardano, which went to live On the Vienna Stock Exchange on January 24.ADA) Appreciation of prices while winning the yield, regardless of the price movement of the underlying assets.

ETNs are debt instruments that stick the underlying assets of a negotiated stock market, including crypto. The Etn Cardano, which is negotiated under the Ticker Yada, gives access to the Deployment of ADA deployment through the protocols DEFI performance.

The global market DEFI currently has more than $ 155 billion in total value locked on various protocols. According to ParadeTVL culminated at 207 billion dollars in the last bullish market. Meanwhile, the Statista research platform estimates that the World Défi ecosystem could see its income amount to $ 542 billion by 2025.

Fineqia’s offer is a collaboration with FTSE Russell, a subsidiary of the London Stock Exchange, which will serve as an ETN index provider.

The launch of the Cardano etN follows the approval of the basic prospectus of Fineqia GA of the Liechtenstein Financial Market Authority. FMA approval allows the company to issue scholarship tickets supported by the crypto within the framework of the European Union.

Yada adds to the growing cryptography market in the EU, with a third of the 139 products registered on the Vienna Stock Exchange. The increased adoption of digital assets, as investment vehicles have led to the availability of more than 220 ETPs crypto worldwide. These products currently represent more than $ 216 billion in assets under management.

Among these ETPs are the FNB Bitcoin of US spots, which have recorded more than $ 121 billion at AUM since their beginnings in January 2024. Experts have attributed the positive feeling of the victory and the presumption of Trump.

The FNB Bitcoin Spot experienced more than $ 4.2 billion in up -to -date year, reflecting wider optimism surrounding the market.