The new DEFI platform enters the market! Earn passively - token sale 0.25 $ I'm going in!

BitFinex launches security token platform in Kazakhstan

3 min reading

BitFinex, a Hong Kong-based cryptocurrency exchange, is entering the security token offering (STO) industry by launching a new STO platform controlled in Kazakhstan

Hong Kong based cryptocurrency exchange BitFinex is stepping into the security token offering (STO) industry by bringing a new STO platform regulated in Kazakhstan. Bitfinex securities, Bitfinex’s blockchain-based investment product provider introduced its new investment exchange regulated in Kazakhstan’s national financial hub, the Astana international Financial Center (AIFC), the firm said on Monday.

The latest STO platform will operate under the AIFC Fintech Lab, a regulatory sandbox established in the AIFC by the Astana Financial Services Authority to help them create the financial industry. Bitfinex securities chief technology officer Paolo Ardoino said. “The financial framework of the AIFC is based upon the best standards from developed financial centers such as the UK, Singapore, Abu Dhabi and Dubai. Kazakhstan is an emerging hub in Asia well placed geographically to service our Asian and European markets and it’s poised to play an important role in this emerging alternative financial system.” 

Bitfinex security is available 24 hours a day with giving investors more methods to diversify their portfolios by increasing capital for issuers trying to trade their tokenized securities publicly. “This meaningful step for the industry will widen access to a variety of innovative financial products, including notably blockchain-based equities and bonds, along with investment funds,” Bitfinex said.

Based on a legal statement presented, Bitfinex securities has a long list of jurisdictions and persons not allowing from trading on the platform. People who are not allowed are individuals from United States, citizens or residents of Canada, Switzerland, the British Virgin Islands, Venezuela, Austria and Italy. Kazakhstan has been receiving a lot of attention from the global cryptocurrency community as world’s largest crypto mining companies have been working with local entities to run mining facilities and services in the country. Kazakhstan’s government was working to help the local crypto industry development to improve country’s crypto regulations and strengthen the country’s position in the global crypto market. 

Currency Exchange rate Buy cryptocurrency

The new DEFI platform enters the market! Earn passively - token sale 0.25 $

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the Lushup Holdings FZ LEE. Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

  • creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
  • defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the tokeneo.com/news/pl website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is Lushup Holdings FZ LEE, Fujairah - Creative Tower, P.O.Box 4422 Fujairah, United Arabs Emirates.

The full document to read the Tokeneo privacy policy is available in this document.

Advanced settings can be changed in your browser.