Fineqia International Inc (CSE:FNQ, OTC:FNQQF) announced a 38.4% year-end rise in the Net Asset Value (NAV) of its Digital Asset Blockchain Infrastructure (DABI) Actively Managed Certificate (AMC), driven by portfolio adjustments and market trends.
Fineqia, a digital asset and investment company, attributed the NAV growth to a repositioning of the portfolio to include assets such as Solana (SOL) and NEAR Protocol (NEAR), along with broader adjustments aligned with blockchain infrastructure trends.
The results also reflect strategic changes implemented since Fineqia’s UK subsidiary, Fineqia Limited, was appointed Investment Advisor to Liechtenstein-based Sermont Asset Management in February 2024, the company said in a statement.
"The strong year-end performance of DABI shows how well our strategy has aligned with the growing appetite for digital assets," said Bundeep Singh Rangar, CEO of Fineqia.
"It's thanks to big industry milestones like the launch of ETFs in the US and a more crypto-friendly approach from the new US administration. By staying ahead of these trends, we've been able to deliver real value to our investors."
Bitcoin’s weight in the portfolio increased significantly during the year to nearly 37%, reflecting its price appreciation and rising market dominance. By the end of 2024, Bitcoin accounted for 58.1% of the cryptocurrency market, up from 53.1% in February, according to TradingView data.
Fineqia's results reflect DABI’s performance at the end of December 2024.