Fineqia International’s subsidiary has been granted approval by the Liechtenstein Financial Markets Authority to launch exchange-traded notes (ETNs) in Europe tracking crypto assets and non-fungible tokens (NFTs). The ETNs will cover assets such as bitcoin, ethereum, cardano, polkadot, uniswap, stellar, tezos and NFTs. This development allows Fineqia to provide new investment products and promote innovation in the digital asset industry. Other crypto issuers have also chosen Liechtenstein’s FMA to enter the crypto ETNs market in Europe. While crypto assets have seen new launches and closures in March, their value has risen, with bitcoin’s price increasing by 65% in Q1.
ETF Newz Says:
Some question marks remain over which ETN issuers will have staying power in Europe.
