Fineqia AG, a Europe-focused provider of exchange-traded notes (ETN) collateralized by cryptocurrencies, has announced its partnership with London Stock Exchange Group (LSEG)-owned FTSE Russell, which is a global index provider. The Liechtenstein-based subsidiary of Fineqia International disclosed the deal in a statement shared with Finance Magnates.

Fineqia Seeks to Boost ETP Liquidity

Fineqia International is a Canada-listed operator of a debt and equity security issuance and management platform. In addition, the company builds and provides investments to early and growth-stage technology firms.

In the statement, Fineqia noted that the deal, which was signed last Friday, will enable its subsidiary to gain access to FTSE Russell’s comprehensive indexing and analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term capabilities in order to improve “the transparency, liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and accessibility” of its exchange traded products (ETPs).

"This collaboration will allow us to provide top-quality opportunities that meet the highest standards of transparency and security,” said Michael Coletta, Fineqia’s Chief Strategy Officer.

Also commenting, Kristen Mierzwa, the Head of Digital Assets at FTSE Russell, expressed the LSEG's subsidiary firm's excitement at supporting Fineqia's move to offer improved transparency and accessibility to the crypto market.

A Global Index Leader

As a top global stock markets indices provider, FTSE Russell currently boasts approximately $16 trillion benchmarked to its indices by asset owners and managers, exchange-traded fund (ETF) providers and investment banks.

According to FTSE Russell, its indices measure and benchmark markets and asset classes in over 70 countries account for 98% of the global investable market.

“Fineqia's use of FTSE Russell indices is expected to significantly enhance the transparency and liquidity of its digital asset investment products, enhancing the company's position as a leader in institutional quality investment solutions,” Fineqia said.

Meanwhile, earlier this year, the derivatives marketplace operator CME Group tapped CF Benchmarks, a cryptocurrency benchmark indices provider, to launch three new Metaverse indices. Both firms fixed January 30 as the launch date.

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