ChainCatcher news, according to Cointelegraph, the digital securities exchange Bitfinex Securities is conducting the first public offering of tokenized U.S. Treasury bills (T-bills) under the legal framework of El Salvador. As part of this issuance, the El Salvador-based digital asset issuer NexBridge Digital Financial Solutions will issue a new token with the trading code USTBL. This token aims to provide investors with an opportunity to invest in short-term U.S. Treasury bills denominated in U.S. dollars (USD).The initial offering by Bitfinex Securities aims to raise at least $30 million to continue the issuance of tokens, with the initial subscription period starting on November 19, 2024, and ending on November 29. According to Bitfinex Securities, this sale is the "first regulated" tokenized U.S. Treasury product based on Bitcoin technology. The new token will be issued on the Bitcoin Layer 2 network Liquid Network, and it is expected to provide an annualized yield to maturity of 5.02%. Proceeds from this issuance will be allocated to the iShares $ Treasury Bond 0-1yr UCITS ETF, which is a publicly listed ETF designed to track the investment results of an index composed of U.S. Treasury bonds denominated in U.S. dollars issued by the U.S. Department of the Treasury.

ChainCatcher news, The Block reports that Bitfinex Securities will launch two new types of tokenized bonds on the Bitcoin sidechain Liquid Network, as part of an ongoing issuance plan with the Luxembourg microfinance group Mikro Kapital. The issuance aims for 10 million USDT, with a minimum investment of 125,000 USD.The two bonds are an 11-month bond with a coupon rate of 10%, and a 36-month bond with a coupon rate of 13.5%. This financing will start on July 3 and end on July 31. It is reported that the first tokenized bonds issued by Bitfinex Securities on the Liquid Network raised over 5 million USDT in December 2023.The Liquid Network is designed specifically for asset issuance, including stablecoins and regulated security token offerings, allowing issuers to create compliant offerings while enabling investors to self-custody, withdraw, and trade securities peer-to-peer. Bitfinex Securities stated that the proceeds from this issuance will be used to invest in microfinance and sharing economy projects to support small businesses and entrepreneurs in emerging markets.

ChainCatcher news, according to The Block, the tokenized securities platform Bitfinex Securities El Salvador SA de CV is launching a tokenized debt issuance to develop a 4,484 square meter Hilton Garden Inn complex at El Salvador International Airport.It is reported that this issuance aims to raise $6.25 million, offering a 10% coupon over a five-year term—meaning buyers will receive an annual interest equivalent to 10% of their investment over five years, after which the principal will be returned. This financing will start on May 13, with a minimum investment of $1,000.

ChainCatcher news, according to The Block, the RWA securitization platform Bitfinex Securities has become the first licensed digital asset service provider to operate in El Salvador. The security token platform stated that it is now accepting client applications and has established a potential issuance channel for tokenized financial assets, which is expected to be listed in the first half of this year.Previously, it was reported that El Salvador issued the first digital asset license to Bitfinex Securities in April last year.

ChainCatcher news, Bitfinex Securities Ltd, which provides listing and trading services for security tokens, announced the successful issuance of $5.2 million in tokenized bonds. The team stated: "The issuance of tokenized securities is the result of collaboration with the microfinance company Mikro Kapital, which manages an asset securitization fund called Alternative. This tokenized bond is denominated in USDT, uses ALT2612 as the identifier, has a term of 36 months, and an annual interest rate of 10%."

ChainCatcher news, according to Bloomberg, the owner of the cryptocurrency exchange Bitfinex, iFinex, plans to conduct a $150 million share buyback program to better control the operations of the private company. iFinex has already sent a letter to shareholders on September 22, proposing to buy back 15 million shares at a price of $10 per share. This transaction accounts for approximately 9% of iFinex's uncirculated capital, which would value the company at $1.7 billion, and at least one subsidiary will need to inject cash to implement this proposal.It is reported that this buyback arrangement is offered to shareholders who purchased iFinex shares during the exchange arrangement with the investment platform BnkToTheFuture in 2016. In 2016, Bitfinex was hacked, and approximately $71 million worth of Bitcoin was stolen (now valued at $3.3 billion). Bitfinex fully compensated users for their losses by offering BFX tokens, which were then exchanged for company shares through BnkToTheFuture.

ChainCatcher news, El Salvador has issued the first digital asset license to Bitfinex Securities under the newly implemented Digital Assets Securities Law (DASL).The clear rules established by the DASL will allow Bitfinex to raise funds through token issuance in a regulated market, and it also sets rules for new types of tokenized securities, such as tokenized stocks, revenue assets, and other investment products. (source link)