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Fineqia AG Collaborates with Apex Group for ETP Management
Fineqia International Inc. has announced a partnership with Apex Group Ltd. for the administration of its crypto-backed Exchange Traded Products (ETPs) in Europe. Fineqia AG, the European subsidiary, will benefit from Apex's administrative services, including accounting and net asset value calculations.
The collaboration, initiated in December 2024, aims to uphold institutional rigor and compliance with global regulatory standards. Warren Sergeant, CFO of Fineqia, emphasized the enhanced credibility and resilience this partnership brings to their digital asset exposure.
Apex Group, known for managing over $3 trillion globally, will leverage its technology-driven model to support Fineqia's growth. Additionally, Fineqia AG launched the Fineqia FTSE Cardano Enhanced Yield ETN, marking an innovative step in digital asset investment on major European exchanges.
R. H.
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