Bitfinex Securities, the tokenized securities trading platform operated by Bitfinex exchange, has become available in El Salvador as it received a digital asset service provider license under the country’s Digital Assets Issuance Law in April 2023.
The launch of the platform follows the completion of key regulations and infrastructure for digital assets by the Salvadoran government last year.
On January 31, Bitfinex Securities officially announced that they expect a high demand for regulated digital investment services, especially after the first spot Bitcoin exchange-traded fund (ETF) in the United States began trading.
Head of operations Jesse Knutson stated that they anticipate a rise in interest for both Bitcoin and Bitcoin-based securities, as well as tokenized securities and real-world assets.
The new launch will include a variety of products such as equity and bond-like issuances, with plans for further announcements in the coming months. Knutson noted that they have a diverse range of both domestic and international issuers in their pipeline.