Bitfinex Securities Launches Digital Assets Services in El Salvador
Bitfinex Securities has become the first licensed provider to offer digital assets services in El Salvador. The platform is now accepting customer applications and has a pipeline of potential tokenized financial asset issuances expected to come to market this year.
“We are delighted to announce the launch of Bitfinex Securities in El Salvador,” said Bitfinex Securities CTO Paolo Ardoino. “This is not only an important market for Bitfinex given its adoption of Bitcoin as legal tender, but it also gives El Salvador the opportunity to attract global investment flows.”
Bitfinex Securities anticipates high demand for regulated digital asset investment vehicles, particularly following the successful launch of U.S. spot bitcoin exchange-traded funds.
Bitcoin Legal Tender, Freedom Visa, and Regulatory Framework
In addition to adopting Bitcoin as legal tender, El Salvador launched the “Adopting El Salvador Freedom Visa” program in collaboration with stablecoin issuer Tether. Investors can apply for the Freedom Visa by investing $1 million in Bitcoin or USDT.
The country also recently approved a digital asset regulatory framework, paving the way for fully operational Bitcoin-based financial markets.
Hot Take: Bitfinex Securities Expands Crypto Services in El Salvador
Bitfinex Securities has made history by becoming the first licensed provider to offer digital assets services in El Salvador. With the country adopting Bitcoin as legal tender and launching innovative programs like the “Adopting El Salvador Freedom Visa,” Bitfinex Securities sees great potential for attracting global investment flows. The platform is now accepting customer applications and expects to bring tokenized financial asset issuances to the market soon.