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Fineqia’s EEA Unit Receives Approval of Base Prospectus for Issuing ETNs

Fineqia International Inc. is pleased to announce that its subsidiary, Fineqia AG, has received approval of its base prospectus by the Liechtenstein Financial Market Authority (FMA) to offer Exchange Traded Notes (ETNs) collateralised by digital assets.

Fineqia AG is domiciled in Liechtenstein, which is a member of the European Economic Area (EEA). The EEA includes EU countries as well as Iceland, Liechtenstein, and Norway. It allows these countries to be part of the EU’s single market. Fineqia AG’s base prospectus complies with the European Union’s (EU) passport directive.

The base prospectus was approved on Mar. 23 pursuant to the EU’s Prospectus Regulation (EU) 2017/1129, for offering in the following EU member states: Austria, Belgium, Cyprus, Czech Republic, Germany, Denmark, Estonia, Finland, France, Greece, Ireland, Italy, Lithuania, Malta, Netherlands, Norway, Portugal, Poland, Slovenia, Spain, and Slovakia.

“The FMA’s approval of the base prospectus will allow us to provide new investment products and furthers our objective to bring innovation to the digital asset industry,” said Fineqia’s CEO Bundeep Singh Rangar. “The approval process was rigorous, and we’re pleased to have met the regulator’s criteria for the approval of a base prospectus.”

Fineqia AG’s base prospectus outlines underlying digital assets including fungible tokens such as Bitcoin, Ethereum, Cardano, Polkadot, Uniswap, Stellar and Tezos, as well as non-fungible tokens (NFTs).

Exchange Traded Products (ETPs) are an overall category that can include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs), each of which require specific approval.

Liechtenstein has been selected as a jurisdiction by other ETP issuers including Germany’s DDA ETP AG (formerly Iconic Holdings), Guernsey-based DMAP PCC and SA1 Issuer Limited, Switzerland-based Bitcoin Capital AG and Pando Asset AG, and the Liechtenstein-domiciled VanEck ETP AG.

Fineqia’s research revealed that ETPs with underlying crypto assets worldwide had a 1% increase in assets under management in February reaching $28 billion, as the crypto market value increased by 1.5% during the same month.

Fineqia International Inc. had announced the establishment of its wholly owned subsidiary, Fineqia AG, in Liechtenstein on Nov. 2, 2022. Notification of the base prospectus approval can be viewed at the FMA’s website at


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