Fonte Solana ETF Registered on AIX

Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that Fonte Solana Exchange Traded Fund OEIC Plc has been listed and admitted to trading on AIX under the ticker SETF. This is the world’s first spot exchange-traded fund (ETF) fully focused on the digital asset Solana (SOL) with a staking function. The Fund is registered as a non-Exempt Fund under the jurisdiction of the Astana International Financial Centre (AIFC), making it available to a wide range of investors, including retail investors.

The Fund enables investors to include Solana in their investment portfolios without the need to directly acquire, store, or manage the digital asset. The Fund’s primary objective is to precisely track the price performance of Solana before the deduction of fees and expenses. The Fund stakes tokens to generate additional yield in SOL. The annual yield depends on the inflation rate of the Solana network and the overall volume of tokens being staked.

Assel Mukazhanova, CEO of AIX, said:

“Kazakhstan’s ETF market has entered a new stage of dynamic growth, with local investment funds introducing truly distinctive products. AIX is proud to host the debut funds that bring together the best of traditional and digital investment opportunities.”

Yerzhan Mussin, CEO of Fonte Capital Ltd., noted:

“The listing of the world’s first Solana ETF with staking on the Astana International Exchange (AIX) is a historic milestone not only for Fonte Capital, but for the entire digital asset industry. We are building a bridge between traditional financial instruments and innovative blockchain technologies, offering investors a unique product that combines the growth of the underlying asset (SOL) with passive income through staking. This is a logical response to the growing demand for regulated, secure, and yield-generating digital asset investments.”

Reference:

AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, the Shanghai stock exchange, the Silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative. www.aix.kz

The Astana International Financial Centre (AIFC) is an independent jurisdiction that started (AIFC) is an independent jurisdiction with a favourable legal and regulatory environment and a developed infrastructure for starting and doing business, attracting investment, creating jobs and developing Kazakhstan’s economy. https://aifc.kz/