Bitfinex Securities announces $50 million raise for tokenized nickel platform
Bitfinex Securities has launched a $50 million tokenized capital raise for Alkemya Metacore, marking a significant milestone as one of the world's first tokenized nickel offerings. The ALKN token represents an investment in high-technology nickel wire, with the underlying physical stockpile of approximately 7 million meters held in Switzerland. This initiative is notable for being the first tokenized commodity offering conducted under El Salvador's digital asset regulatory framework. By moving industrial nickel onto the blockchain, the project transforms a traditionally illiquid supply chain asset into a tradable financial instrument. The capital raised will support the development of engineered nickel products for critical sectors such as semiconductors, aerospace, defense, and green hydrogen. This integration allows for continuous hedging opportunities and creates new collateral possibilities for market participants. Ultimately, the move demonstrates the growing utility of tokenization in bridging the gap between industrial commodity markets and decentralized finance.
