23 Feb Bitfinex Securities Hails Milestone Opening of New Office in Astana, Kazakhstan
ROAD TOWN, British Virgin Islands, February 23 2023 – Bitfinex Securities, a fully-regulated alternate powered by Bitfinex enabling the issuance and buying and selling of tokenized securities together with equities and bonds, right this moment celebrated the opening of an essential new regional workplace in Astana, Kazakhstan.
The opening of the brand new workplace within the coronary heart of the Astana International Financial Centre (AIFC) marks a significant milestone for Bitfinex Securities because it strives to advertise the event of the safety token business. In addition to enabling common and direct engagement with Astana Financial Services Authority (AFSA) regulators, the workplace additionally demonstrates Bitfinex Securities’ view of the safety token business on the long run development and improvement of Kazakhstan’s home economic system.
“Bitfinex Securities was one of the first companies to register and be licensed in the AIFC (Astana International Financial Centre), which has emerged as a key financial and business hub connecting Central Asia, the Caucasus, EAEU, West China, Mongolia, the Middle East and Europe,” mentioned Jesse Knutson, Head of Operations at Bitfinex Securities. “Due to our existing relationship with regulators in the region, and the fact that we’re registered in the AIFC, a permanent physical office here was the logical next step as Bitfinex Securities continues to expand worldwide.”
While 2022 could have represented a troublesome yr for some areas of the cryptocurrency business, one space that has continued to draw rising curiosity over the previous yr is that of tokenized securities, notably amongst institutional traders. A latest report from BCG and ADDX predicts the tokenization of real-world property will grow to be a $16.1 trillion business by 2030, offering quite a few advantages over paper-based alternate options together with improved safety, transparency, and price financial savings.
Established in 2021, Bitfinex Securities is a 365/24/7, fully-regulated digital securities alternate which permits previously-underserved corporations – and probably complete international locations – to entry new sources of funding, whereas widening investor entry to progressive monetary merchandise, together with blockchain-based equities and bonds. Already a worldwide chief within the bitcoin mining business, Kazakhstan’s enthusiastic embrace of digital asset know-how and its forward-thinking method to regulation have made it an more and more engaging vacation spot for digital asset corporations, together with Bitfinex Securities, searching for to determine a long-term presence within the area.
“Over the past two years, we’ve developed a strong relationship with our regulator and have spent a lot of time and effort trying to be as transparent as possible,” continued Jesse Knutson, Head of Operations at Bitfinex Securities. “We’re confident that Kazakhstan and the AIFC will play an important role in the future of capital markets, and I think that in five or ten years time the AIFC could grow into an important hub for our business.”
To study extra about Bitfinex Securities please go to https://www.bitfinex.com/securities/
Founded in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art providers for digital foreign money merchants and international liquidity suppliers. In addition to a collection of superior buying and selling options and charting instruments, Bitfinex gives entry to peer-to-peer financing, an OTC market, and financed buying and selling for a big selection of digital tokens. Bitfinex’s technique focuses on offering unparalleled help, instruments, and innovation for skilled merchants and liquidity suppliers all over the world. Visit www.bitfinex.com to study extra.
About Bitfinex Securities
Bitfinex Securities Ltd. presents merchants and issuers a regulated, environment friendly and international answer to boost capital by tokenized firm shares and have them publicly admitted to buying and selling.
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