Ms. Katarina Kupcikova reports

FINEQIA AG GRANTED APPROVAL BY STOCK EXCHANGE IN EUROPE TO LIST EXCHANGE TRADED NOTES

Fineqia International Inc. subsidiary Fineqia AG has received authorization from the Vienna Stock Exchange (VSE) in Europe to list exchange-traded notes (ETNs), with digital assets as their underlying collateral.

The admittance of Fineqia AG's debt issuance program by the VSE enables it to automatically list ETNs that adhere to its base prospectus, without requiring each ETN's listing to be individually approved. To that end, Fineqia AG renewed its prospectus on March 22 with Liechtenstein's regulator, the Financial Markets Authority (FMA).

European regulators have taken the lead on approving a variety of underlying digital assets in contrast to the United States, where bitcoin has been the only such asset to receive local approval. Fineqia AG's base prospectus allows its ETNs to hold crypto currencies such as Avalanche, Bitcoin, Ethereum, Cardano, NEAR, Polkadot, Tezos, TRON and Uniswap, as well as non-fungible tokens (NFTs).

"The pathway is now open for us to bring signature and differentiated products to the European market," said Fineqia's chief executive officer, Bundeep Singh Rangar. "The approvals by the VSE and FMA gives us something akin to a master licence to swiftly and efficiently list ETNs that are fully compliant with regulations."

The VSE's multilateral trading facility (MTF) is rapidly becoming a choice venue in Europe to trade debt securities, such as ETNs, backed by digital assets. A dozen such ETNs have recently been listed on the three-decade old MTF, which collectively hold more than $3-billion in assets under management (AUM).

Fineqia previously announced it had partnered with global index provider FTSE Russell, a division of the London Stock Exchange Group PLC (LSEG) that will provide benchmark pricing data and distribution capabilities for its ETNs.

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

Fineqia AG, a 100-per-cent subsidiary of Canada-based Fineqia International, is domiciled in Liechtenstein, a member state of the European Economic Area (EEA). The EEA includes 27 European Union (EU) countries, as well as Iceland, Liechtenstein and Norway, which collectively comprise a single market.

ETNs and similar exchange traded funds (ETFs) together constitute exchange-traded products (ETPs). These products have unique international securities identification numbers (ISINs) enabling investors to identify and purchase them through their stockbroking accounts.

About Fineqia International Inc.

Fineqia is a digital asset business that builds and targets investments in early- and growth-stage technology companies that will be part of the next-generation of the Internet.

We seek Safe Harbor.