Bitfinex Securities Launches in El Salvador, Offering New Opportunities in Digital Asset Services

Bitfinex Securities is established in El Salvador, offering new opportunities for digital asset services

San Salvador, El Salvador – January 31, 2024 – Bitfinex Securities El Salvador SA de CV, a leading securities token platform, is pleased to officially announce the start of operations in El Salvador. As El Salvador’s first registered and licensed digital asset service provider, Bitfinex Securities is currently accepting customer applications and has already established a strong pipeline of issuances expected to be brought to market this year.

Following the successful approval and launch of a Bitcoin-based exchange-traded fund by the U.S. Securities and Exchange Commission earlier this month, Bitfinex also sees strong demand for other regulated vehicles offering exposure to digital assets. I expect that there will be.

The creation of Bitfinex Securities El Salvador follows the country’s historic move to adopt Bitcoin as legal tender in September 2021, a visionary step towards a Bitcoin-centric economy. becomes. Further progress was made in January 2023 with the approval of the Digital Asset Regulatory Framework, laying the foundations for a fully functional Bitcoin-based financial market.

Paolo Ardoino, Chief Technology Officer, Bitfinex Securities “We are pleased to announce the launch of Bitfinex Securities in El Salvador. “We are giving El Salvador the opportunity to attract global investment flows, not only because it is a market, but also because issuers are issuing securities at competitive prices.” We are proud to be at the forefront of this and provide businesses and investors around the world with a platform to explore the endless possibilities of digital assets.”

“The new Digital Assets and Securities Act passed last year separated digital asset regulation from traditional financial regulators and created the National Digital Assets Commission to oversee ecosystem oversight and regulation.” Juan Carlos Reyes, Chairman of the National Digital Assets Commission in El Salvador. “It has been a positive experience working with Bitfinex Securities. Their high regulatory standards and extensive knowledge of compliance are truly world class,” he added.

“Following El Salvador’s groundbreaking policy actions and legal framework over the past two and a half years, the official launch of Bitfinex Securities El Salvador is another important step in the evolution of the capital markets and an important “This is a global proof of concept. We are particularly positive about the timing given the recent increase in institutional investor interest in Bitcoin-focused financial products.” Jesse Knutson, Head of Operations at Bitfinex Securities, said:

Over the past year, Bitfinex Securities has worked with multiple global issuers to build a robust pipeline of tokenized financial assets. Expected to be announced in the coming months. Bitfinex expects a significant pipeline of tokenized assets to hit the market in the first half of this year.

The development of the tokenized securities industry in El Salvador represents a major leap forward in financial innovation in Latin America and the world.

Bitfinex Securities also operates Bitfinex Securities AIFC in Kazakhstan, which is subject to a separate jurisdiction and regulatory oversight. A customer who wants to access all his Bitfinex Securities issuances will need to be authenticated with both organizations and through this link he will be able to access future issuances at Bitfinex Securities El Salvador. [Bitfinex Securities Account Creation Link].

Bitfinex has been a leader in digital token trading since its founding in 2012, providing advanced trading features and financial tools to traders and liquidity providers around the world. Bitfinex Securities Ltd. extends this tradition by providing a regulated and efficient global solution for raising capital through tokenized corporate shares.

To learn more about Bitfinex and our commitment to financial freedom, please visit: [www.bitfinex.com/manifesto].

Join us for a virtual roundtable live on Bitfinex Securities’ LinkedIn and Twitter on February 2 at 3:30 pm (UTC). Regarding the launch of Bitfinex Securities in El Salvador, Mr. Stacey Herbert (El Salvador Bitcoin Office), Mr. Max Kaiser (Senior Bitcoin Advisor to President Bukele), Mr. Paolo Ardoino (CTO of Bitfinex), and Juan Carlos・Discuss with industry experts such as Mr. Reyes (President). Member of the National Commission for Digital Assets of El Salvador), and Jesse Knutson, Head of Operations at Bitfinex Securities. Gain valuable insight into the future of digital assets. Follow us on LinkedIn https://www.linkedin.com/company/bitfinex-securities/?originalSubdomain=kz and Twitter https://twitter.com/BFXSecurities For live updates and streaming options.

About Bitfinex Securities

Founded in 2021, Bitfinex Securities aims to apply the technological advantages of the digital asset industry to global capital markets. Bitfinex Securities facilitates more efficient, cheaper, and easier interaction between investors and issuers through real-time settlement, 24/7 trading, access to global liquidity, and self-custody of assets. enable.

Bitfinex Securities Media Contact

Email: [email protected]

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