CMCC Global Partners with Tether and Bitfinex Securities to Launch the First Tokenised Fund-of-Funds Under El Salvador's Digital Asset Framework
CMCC 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.
