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Bitfinex’s tokenized funds include one targeting 8%–12% in Bitcoin

Bitfinex’s tokenized funds include one targeting 8%–12% in Bitcoin

Photo: The Cryptonomist

Two tokenized funds from CMCC Global now have capital raises open on Bitfinex Securities, each offering a dollar- or Bitcoin-denominated strategy built around quantitative trading gains rather than direct bets on crypto price movements. The offerings cover Crest Fund and Liberty Bitcoin Accumulation Fund (LBAF). Key takeaways Eligible investors can subscribe through October 29. Crest targets returns above Treasury bill yields; LBAF targets 8%–12% in Bitcoin. Entry starts at one token, subject to eligibility and verification. Tether’s Hadron platform handles tokenization for both funds.

Also reported by Coindoo.

Source: The Cryptonomist

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