Fineqia International Inc (CSE:FNQ, OTC:FNQQF) has announced the cross-listing of its Fineqia FTSE Cardano Enhanced Yield (YADA) Exchange Traded Note (ETN) on the Stuttgart Stock Exchange in Germany.
Issued by Fineqia AG, this ETN is the first of its kind to leverage decentralized finance (DeFi) protocols to generate yield using crypto assets.
The company said that the Stuttgart Stock Exchange provides broader access to YADA for European investors.
Fineqia bridges traditional finance with blockchain-based investment opportunities, offering investors regulated exposure to Cardano's token ADA.
"The Stuttgart listing is a significant milestone in broadening investor access to the Cardano ecosystem through a regulated financial product," Fineqia CEO Bundeep Singh Rangar said in a statement.
"Cardano is sought after as a top 10 cryptocurrency by market cap."
YADA was initially launched on the Vienna Stock Exchange in January 2025 and is benchmarked to the FTSE Russell index.