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International Business Times
International Business Times
Business
Marvie Basilan

Bitfinex Launches First-Ever Tokenized US Treasuries In Latin America Under El Salvador Framework

Bitfinex El Salvador Latin America US Treasury Bitcoin
Bitfinex Securities is compliant in Kazakhstan and El Salvador. (Credit: Bitfinex Securities on X / Video Screenshot)

KEY POINTS

  • Investors can initially invest in the token using $USDT, but they will later be able to use $BTC
  • The initial subscription offering kicks off Tuesday and will end on Nov. 29
  • $USTBL tokens offer 'a new level of diversification that can help reduce overall portfolio risk': Jesse Knutson
  • Bitfinex Securities was the first platform to receive El Salvador's Digital Asset License

Bitfinex Securities El Salvador S.A. de C.V., a regulated platform that allows entities to raise capital through the listing of tokenized securities, today announced the launch of the first-ever regulated public offering of tokenized U.S. Treasury Bills in Latin America. The announcement comes after El Salvador recently introduced a securities licensing regime which saw Bitfinex Securities receiving the first Digital Asset License.

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