Bitfinex Lists Tokenized Notes Linked to Bitcoin Treasury Companies
Bitfinex Securities has listed five new tokenized note products on its platform, which are linked to Bitcoin treasury companies. The notes are issued by Luxembourg's ORO (II) Securitization Fund, managed by SICOS Securities, and are listed on the Liquid Network, a sidechain of the Bitcoin blockchain.
The five products are CMSTR, CMTPL, CH100, CALCPB, and STRCST, which are linked to ordinary shares or preferred shares of Strategy, Metaplanet, H100 Group, Capital B, and STRC's variable rate perpetual preference share, respectively. Each product has a separate compartment within the fund to isolate assets and liabilities.
The notes do not represent direct ownership of the underlying securities but rather provide exposure to their economic performance. Bitfinex Securities operates in two jurisdictions: the Astana International Financial Centre (AIFC) in Kazakhstan and El Salvador, where it has received licenses from the local authorities.