Bitfinex Securities to list first tokenised fund-of-funds under El Salvador framework

Bitfinex Securities says the first tokenised investment funds on its platform — CMCC Global's Crest and Liberty Bitcoin Accumulation Fund (LBAF) — will also be the first tokenised fund-of-funds offerings under El Salvador's digital asset framework. The fund units are tokenised using Hadron by Tether, and Bitfinex said listings are coming soon.

• The announcement was reposted by Bitfinex's main account from Bitfinex Securities, confirming the fund-of-funds structure of the two launches.
• Crest and LBAF are quantitative hedge funds managed by CMCC Global; LBAF is denominated in bitcoin, while Crest is USD-denominated.
• No listing dates or subscription details were given in the post, and no exchange-side integration beyond the Securities platform was announced.