Bitfinex Securities has launched capital raises for two tokenized funds developed by CMCC Global, the Crest Fund and the Liberty Bitcoin Accumulation Fund (LBAF), using Tether’s Hadron platform. Subscriptions will remain open to eligible investors through October 29, with secondary trading expected to follow. The Crest Fund is dollar-denominated and targets returns above US Treasury bill yields, while LBAF is Bitcoin-denominated with a target net annualized return of 8% to 12%. These offerings represent the first tokenized funds of funds issued under El Salvador’s digital asset framework. CREST tokens will be issued at $10 each and LBAF tokens at 0.0001 BTC each, with a 50% reduction in performance fees for six months after listing.
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