Exchanges· ★★★· bullish·

Bitfinex Securities lists first tokenized funds Crest and LBAF

  • —Crest targets dollar yields above US T-bills; LBAF aims for 8–12% annualized returns in bitcoin
  • —Tokens are issued via Bitfinex Securities El Salvador and trade 24/7 on the secondary market
  • —BTCS S.A. will act as anchor investor with a three-digit bitcoin allocation
  • —Tether's Hadron provides the issuance and tracking infrastructure
Why it matters: The listing signals demand for regulated tokenized hedge funds with 24/7 settlement and a $10 entry point.
Source: The Cryptonomist (IT)