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Bitfinex Launched A New Exchange – Trade Tokenized Equities And Bonds

Source: Pixabay

There are various massive moves that are taking place in the crypto space. The mass adoption of Bitcoin by El Salvador is one of them and today is a day that’s definitely making history for the nation.

Today is a big day for El Salvador, and the whole world has its eyes set on this nation. Bitcoin is the one to “blame” for this.

Bitcoin Magazine also noted that “The world is about to change forever as today is the last day on planet Earth where #bitcoin won’t be legal tender somewhere.”

The mainstream adoption of Bitcoin and cryptos is going great, and more impressive moves in this direction are expected.

Bitfinex launches a new exchange

Bitfinex just entered the world of traditional finance with the launch of this exchange called Bitfinex Securities.

This will allow the trading of tokenized equities and bonds.

“We are basically trying to eat the lunch of London Stock Exchange and other traditional stock exchanges,” Bitfinex Securities CTO Paolo Ardoino told The Block.

The same online publication mentioned above notes that small and medium-sized companies can list their tokenized equities, bonds, or funds and raise capital.

In turn, Bitfinex Securities’ customers will be able to invest in and trade tokenized securities.

This offering is different from stock token trading, which is offered by crypto exchanges such as FTX and Bittrex Global, as the same online publication mentions.

“We will operate in a very controlled environment,” said Tim Aron, head of compliance at Bitfinex Securities.

He continued and said the following:

“We have to limit the amount of capital raises at $15 million and the maximum number of customers at 1,000.”

Stay tuned for more news.

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