April 11 (Cointime) - Bitfinex Securities El Salvador, a fully-regulated digital asset exchange, has become the world's first international platform to be licensed as a Digital Asset Service Provider under El Salvador's new Digital Assets Issuance Law. The exchange will enable the issuance and trading of innovative tokenized assets such as equities and bonds.
The license was officially granted today by El Salvador's National Digital Asset Commission, marking a significant milestone in Bitfinex's long-term strategy to deliver financial freedom and inclusion to communities and countries worldwide, as outlined in the Bitfinex Freedom Manifesto.
“We are delighted to be the first company to be awarded this licence. It will enable Bitfinex Securities to facilitate the issuance and secondary trading of assets with clearly defined rights and obligations as outlined in the new digital asset regulatory regime”, said Paolo Ardoino, Chief Technology Officer of the Bitfinex group. “It means that a whole range of entities, from small companies to governments, can raise capital in a regulated environment, and tap into a class of investors that are extremely comfortable with crypto assets and tokenized securities, which represents a market of over $1 trillion with a peak of $3 trillion.”
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