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Copper will provide cryptocurrency custody services for Fineqia's Cryptocurrency ETN
According to Jinse Finance, digital asset company Fineqia AG has partnered with cryptocurrency custodian Copper to provide custody solutions for its exchange-traded notes (ETN) business, which the company said will improve the reliability and transparency of its products. According to the new agreement, Copper will safeguard the underlying assets held by Fineqia's ETN, including the Fineqia FTSE Cardano Enhanced Yield ETN, which provides direct exposure to Cardano. As of January 29th, the assets managed by this product exceeded $45 million. After Fineqia AG was initially approved about 10 months ago, Cardano ETN began trading on the Vienna Stock Exchange.