Bitfinex Securities launches tokenized fund offerings using Tether’s Hadron

RWA Signal Insight
Active StrategiesBitfinex Securities has launched capital raises for two tokenized funds from CMCC Global, marking the first tokenized funds of funds issued under El Salvador’s digital asset framework. The offerings include the dollar-denominated Crest Fund and the Bitcoin-denominated Liberty Bitcoin Accumulation Fund (LBAF), both utilizing Tether’s Hadron platform for tokenization. These funds allocate capital across quantitative managers employing market-neutral strategies like arbitrage and market making to generate yield. CREST tokens are priced at $10, while LBAF tokens are priced at 0.0001 BTC, with subscriptions open to eligible investors until October 29. The tokens represent economic interests in segregated portfolios of CMCC Global SPC, with BFXS (PTC) Limited acting as trustee. This development expands the Bitfinex Securities platform, which currently lists over $500 million in assets, by introducing diversified, quantitative investment strategies to the digital asset ecosystem. By leveraging El Salvador’s regulatory framework and Tether’s infrastructure, the initiative highlights the growing trend of institutional-grade fund tokenization for global investors.
Key points
- Bitfinex Securities launched two CMCC Global funds tokenized via Tether’s Hadron platform.
- Offerings represent the first tokenized funds of funds under El Salvador’s digital asset framework.
- Crest Fund and LBAF utilize quantitative, market-neutral strategies to generate yield.
- Bitfinex Securities platform now lists over $500 million in total tokenized assets.
Background
Bitfinex Securities is a regulated platform for the issuance and secondary trading of tokenized securities, operating under El Salvador's digital asset legislation. Hadron by Tether is an institutional-grade platform launched in 2024 designed to facilitate the end-to-end lifecycle management of tokenized real-world assets, including issuance, compliance, and redemption.