Bitfinex Securities Announces Official Launch in El Salvador

​Bitfinex Securities El Salvador S.A. de C.V., the leading securities token platform, announced the official launch of its operations in El Salvador. As El Salvador's first registered and licensed digital assets service provider​, Bitfinex Securities is now accepting customer applications, and has already established a pipeline of potential issuances that are expected to come to market this year.

Paolo Ardoino, Chief Technology Officer of Bitfinex Securities said: "We are delighted to be able to announce the launch of Bitfinex Securities in El Salvador. This is not only an important market for Bitfinex given its adoption of Bitcoin as legal tender and the fostering of a Bitcoin -based economy, but it also gives El Salvador the opportunity to attract global investment flows, as issuers put out competitively priced securities offerings." He added: "We're proud to be at the forefront of this financial revolution, providing a platform for companies and investors worldwide to explore the limitless possibilities of digital assets."

"The new Digital Assets Securities Law, passed last year, carved out digital assets regulation from the traditional financial regulator and created the national commission of digital assets, that oversees the supervision and regulation of the ecosystem," said Juan Carlos Reyes, President of the National Commission of Digital Assets in El Salvador. "It has been a positive experience to have worked with Bitfinex Securities, their high standards for regulation and extensive knowledge of compliance is truly world class," he added.

"Following up on El Salvador's groundbreaking policy work and legislative frameworks over the past two and a half years, the official launch of Bitfinex Securities El Salvador is another important step in the evolution of capital markets and an important global proof of concept. We are especially positive about the timing given the recent surge of institutional investor interest in Bitcoin-focused financial products," said Jesse Knutson, Head of Operations at Bitfinex Securities.