Bitfinex Securities Annual Review 2025: Expanding Access to Global Capital Markets – Bitfinex Blog

December 24 Bitfinex Securities Annual Review 2025: Expanding Access to Global Capital Markets

In 2025, Bitfinex Securities has continued its mission to democratize access to high-quality financial investments through regulated tokenization.

While many other platforms have discussed the potential of tokenizing equities or unlisted shares, our focus has been on helping issuers who have traditionally not access the capital markets to raise money; and to help investors find opportunities not typically available to them.

This year, total assets on the platform have grown to $250 million and now cover a wide range of asset classes and products, including microfinance bonds, Bitcoin hashrate contracts, US government bonds and litigation financing products. We expect this momentum to accelerate late this year and early next year with new products, asset classes and another jump in the dollar value of assets on the platform.

Our strategy has always been clear: tokenization is not about novelty or replicating traditional on-chain investments, it is about removing barriers, increasing transparency and enabling access to financial assets.

Bitfinex Securities’ mission is to create a level playing field for capital, for both investors and issuers.

We are proud of what we achieved in 2025 and look forward to an even more productive 2026.

Key milestones of 2025

January | Bitfinex Securities Day is being held for the first time in El Salvador

The year started with our very first Latin American Bitfinex Securities Dayheld on the eve of the Plan ₿ Forum in El Salvador. The event focused on El Salvador’s rapidly emerging regulatory framework for tokenized products, as well as the growing pipeline of tokenized investments seeking to be issued under El Salvador’s securities laws.

Our debut tokenized product in El Salvador was USTBL, a product that gave investors access to short-term U.S. Treasury bonds for as little as $1. The product was in high demand. Access was further improved when we also introduced a monthly subscription subscription and redemption periodallowing investors to access liquidity directly from the issuer, in addition to the 24-hour liquidity available through Bitfinex Securities’ order book.

June | Bitfinex securities on display at the DigiAssets Conference, London and direct listing of TITAN1 and TITAN2

Bitfinex Securities sponsored the DigiAssets Conference in London, a select gathering of key industry leaders that highlighted how mainstream tokenization was becoming. Jesse Knutson, Head of Operations at Bitfinex Securities, shared a stage with representatives from BlackRock and Fidelity and discussed the evolution of tokenization and digital money infrastructure, and how regulated platforms were shaping the next phase of digital capital markets.

June also saw the direct one list of TITAN1 and TITAN2which gave investors access to unique investments in the UK. TITAN1 offers the opportunity to directly purchase subordinated debt issued by a UK credit union, supporting lending initiatives for local communities, while TITAN2 provided exposure to litigation finance for the origination and processing of vehicle finance claims in the auto finance sector, particularly in the area of ​​personal contract purchasing.

The two listings broadened the universe of tokenized investment opportunities on Bitfinex Securities and strengthened our role as a platform to provide broader and more diverse access to investment opportunities.

July | Mikro Kapital completes the tokenized bond cycle for one of the world’s first tokenized bonds

Micro-capital successfully completed its first full tokenized bond cycle – from issuance to maturity – on Bitfinex Securities. As the issuer of one of the world’s first tokenized bonds was the so-called ALT11M2507 first launched in 2023and gave investors access to a tokenized bond with an 11-month term and a 10% coupon. It successfully raised over 5.2 million USDt and was also unique in that the initial capital increase, the coupons paid to investors and the final redemption were all in USDt.

ALT11M2507 demonstrated the successful integration of a traditional bond-like investment with the broader crypto ecosystem and showed how USDt can be deployed in microfinance investments for the benefit of small entrepreneurs.

August | Bitfinex Securities Launches Inaugural Report on Market Inclusion in Latin America

Bitfinex Securities presented its very first Latin America Market Inclusion Reportan in-depth study of the capital markets of eight Latin American countries. Featuring interviews and analysis from capital market participants and investment analysts from across the region, the report showed how tokenization presented an opportunity for issuers and investors to leverage this new technology and disintermediate existing investments and inefficiencies in raising capital.

The report was officially launched at Cripto LatinFest in Medellin, Colombia with a panel of experts and highlighted tokenization as a transformative socio-economic opportunity for the region.

September | BMN2 launches on Bitfinex Securities

September was a busy month. Following the successful issuance and redemption of the first Blockstream Mining Note in 2024 on Bitfinex Securities, secondary trading for Blockstream Mining Note 2 went live. Like the first Blockstream Mining Note, BMN2 gave investors access to a four-year tokenized hashrate contract derived from BlockStream Mining’s institutionally focused, prepaid Bitcoin mining and hosting services in North America. Since listing, it has seen healthy volumes on the platform.

Following the direct listing of BMN2, Bitfinex Securities announced that it had now listed nearly $250 million in tokenized securities on the platform – a major milestone in the company’s development.

Bitfinex Securities also sponsored the Astana Finance Week in Kazakhstan for the third consecutive year. As an exchange regulated by the Astana Financial Services Authority (as well as the Comisión Nacional de Activos Digitales in El Salvador), we have worked with regulators, issuers and investors in one of the fastest growing financial markets in Central Asia. The sponsorship reinforces our commitment to working with jurisdictions building modern digital asset frameworks.

October | Bitfinex organizes third Bitfinex Securities Day in Lugano, Switzerland

In the strongest line-up of speakers and attendees to date, Bitfinex Securities hosted for the third year in a row Bitfinex securities day in Luganowith leading voices in tokenization, and a selection of the world’s largest issuers and investors. The event brought together global speakers and institutional participants to discuss the future of RWA tokenization, regulatory evolution, and the infrastructure needed to support next-generation capital markets.

December | Bitfinex Securities & Hadron by Tether Networking Evening

In December, Bitfinex Securities announced that it planned to apply to the Astana Financial Services Authority to graduate from the FinTech Lab sandbox managed within the Astana International Financial Center. Demonstrating the growing maturity of Bitfinex Securities and tokenized assets, the platform looks forward to receiving a full AIFC operating license, to enable it to facilitate the issuance and listing of larger quantities of digital securities.

Bifinex Securities also indicated that it plans to expand its presence in the Middle East, with a stake of VIP networking eventthat connects issuers, investors and industry builders in partnership with Hadron by Tether, the tokenization platform.

Finally, we ended the year with the announcement that the Astana Financial Services Authority (AFSA) has increased the platform limit for Bitfinex Securities’ AIFC entity by $100 million, bringing its total capacity to $310 million. This expansion will enable Bitfinex Securities to undertake more capital raising activities and enhance secondary market trading for listed issuers. The increase reflects rising global demand for tokenized securities and confirms Bitfinex Securities’ position as a leading international digital asset platform.

This year brought meaningful progress, important milestones and continued growth to the tokenized capital markets. Global capital markets are changing rapidly and tokenization represents a vision of the future that will bring more capital, faster and more efficiently to the investment markets.