CMCC Global to tokenize two bitcoin funds with Tether and Bitfinex Securities
- —Crest targets above short-term US Treasury yields; LBAF aims for 8–12% annual BTC returns
- —Tether's Hadron platform will issue the tokens; Bitfinex Securities will support trading
- —Tokens priced at $10 for Crest and 0.0001 BTC for LBAF
- —Investors must pass KYC/AML and use an approved self-custody wallet
Why it matters: A major stablecoin issuer is moving deeper into fund tokenization, expanding RWA infrastructure for institutional investors.
Source: Bloomingbit