Fineqia (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) has announced that its Cardano ETN has been coss listed on the Stuttgart Stock Exchange. The FTSE Cardano Enhanced Yield (YADA) is an Exchange Traded Note.
The YADA ETN was initially launched in January 2025 on the Vienna Stock Exchange and is benchmarked to the FTSE Russell index.
The ETN is issued by Finequia’s European subsidiary and is said to be the first ETN to deploy crypto assets on decentralized finance (DeFi) protocols to generate yield.
The company reports that Digital asset Exchange Traded Products (ETPs) generated more than $2.2 billion in trading volume on the Stuttgart Stock Exchange from March 2024 to February 2025. They also state that the exchange had the fifth-highest trading volume in Europe for digital asset ETPs in the last 12 months.
Stuttgart hosts ETPs issued by companies such as 21Shares, BitWise, CoinShares, VanEck, WisdomTree, and others.
Of note, President Donald Trump mentioned Cardano when he commented on X about a future crypto reserve.
Bundeep Singh Rangar, CEO of Fineqia International, says the listing is a significant milestone in broadening access to the Cardano ecosystem.
Cardano is a proof-of-stake blockchain platform that targets enterprises. Its native c0in is ADA.
The Stuttgart listing coincides with industry trends shifting to blockchain-based investment solutions.
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