
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)
More on this
Exchanges · Oct 12Bitfinex Securities opens tokenized offerings for two CMCC funds in El Salvador
Exchanges · Oct 6Bitfinex Securities' $100K minimum fee undercuts cheap tokenized capital pitch
DeFi · Oct 16Federated Hermes, Prometheum to Issue Tokenized Securities Funds via Broker-Dealer Infrastructure