CMCC Global Partners with Tether and Bitfinex Securities to Launch the First Tokenised Fund-of-Funds Under El Salvador's Digital Asset Framework
RWA Signal Insight
Active StrategiesCMCC Global has launched the first tokenized fund-of-funds offerings under El Salvador's Digital Asset Framework, marking a significant expansion of regulated on-chain investment products. The Crest and Liberty Bitcoin Accumulation Fund (LBAF) are being tokenized using Tether's Hadron platform and will be distributed and traded via Bitfinex Securities. This initiative represents a shift from simple stablecoin and Treasury tokenization toward complex, multi-manager quantitative hedge fund strategies. BTCS S.A., a publicly listed digital asset treasury company, has committed as an anchor investor with a triple-digit bitcoin allocation. The tokens are minted 1:1 against underlying fund shares, allowing for 24/7 secondary market trading while maintaining strict KYC and AML compliance. By leveraging El Salvador's regulatory environment, CMCC Global aims to democratize access to sophisticated crypto-native investment strategies. This development signals a broader trend of institutional managers moving traditional fund structures onto regulated blockchain infrastructure.
Key points
- CMCC Global launched the first tokenized fund-of-funds under El Salvador's Digital Asset Framework.
- Tether's Hadron platform provides the infrastructure for Crest and LBAF tokenization.
- BTCS S.A. serves as anchor investor with a triple-digit bitcoin allocation.
- Tokens trade on Bitfinex Securities with a minimum investment of one token.
Background
CMCC Global is a blockchain-focused asset manager founded in 2016 that operates diversified investment vehicles, including digital asset funds and venture capital. The firm specializes in quantitative hedge fund strategies, such as market-neutral arbitrage and volatility trading, to generate returns in both USD and Bitcoin denominations.