Bitfinex Securities – empowering investors, embracing change, and redefining the future!
We’re making history ✅ Working with regulators, expanding globally and bringing change 🙌
Learn all about our platform for Tokenized Securities:https://t.co/cCTO9k6DpH pic.twitter.com/fGtdYtC2O3
— Bitfinex Securities (@BFXSecurities) June 28, 2023
“Bitfinex Securities is proud to collaborate with NexBridge on the first regulated public offering of tokenized U.S. Treasury Bills in El Salvador,” said Jesse Knutson, Head of Operations at Bifinex Securities, as per a press release shared with International Business Times.
“The inclusion of USTBL tokens in investment portfolios will enable investors to balance digital asset exposure with the stability of traditional finance, offering a new level of diversification that can help reduce overall portfolio risk,” he added.
Setting the Standard in Compliant Investment Opportunities
The token will be made available for trading on Bitfinex Securities’ secondary market under the ticker USTBL after the end of the initial subscription period.
Access has been a major hurdle for people looking to be exposed to innovative products around Treasury Bills. With USTBL, individuals and entities who previously didn’t have access to such markets can finally participate.
Aside from access-related hurdles, compliance has also become a major issue for people who want to invest in cryptocurrencies but are hesitant due to past pitfalls such as the spectacular collapse of FTX.
“El Salvador is not only making tokenisation easy but also talking to other countries about how to embrace this new technology.”
Issuing tokenized securities in El Salvador panel at @LuganoPlanB pic.twitter.com/yoBfszPeqV
— Bitfinex Securities (@BFXSecurities) October 25, 2024
Bitfinex Securities looks to lead the way in both access and compliance. “The issuance is just the beginning of our mission to build a blockchain-based financial ecosystem. By bringing U.S. Treasury Bills on-chain, we are not only offering a secure, compliant investment opportunity, but we are also laying the groundwork for a new standard in finance,” said NexBridge CEO Nicolas Cane.
Notably, Bitfinex Securities was the first platform to receive a Digital Asset License under El Salvador’s securities law introduced in January 2023.
Regulated in both El Salvador and Kazakhstan, Bitfinex Securities envisions a world where investors and issuers can interact seamlessly, cost-effectively, and efficiently under compliant processes and secure avenues.
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Publish date : 2024-11-18 18:05:00
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