15 Jun Bitfinex Securities and SkyBridge Digital Finance sign Memorandum of Understanding
ASTANA, Kazakhstan June 15, 2023 – Bitfinex Securities Ltd, the leading platform for tokenized securities issuance and trading, has signed a Memorandum of Understanding (MOU) with SkyBridge Digital Finance, a pioneering asset management company in Kazakhstan.
The agreement follows the signing earlier this month of a separate MOU with Astana International Exchange to drive greater cooperation between the activities of the two companies.
SkyBridge Digital Finance, part of SkyBridge group, is the first Kazakhstani firm to launch mutual investment funds. Specializing in asset management and financial advisory services, SkyBridge has spearheaded regional investment opportunities and economic growth.
The signing of this MOU serves as an important milestone for both Bitfinex Securities and SkyBridge Digital Finance, promising a new era of strategic collaboration in the innovative field of tokenized securities. Both companies intend to expand their product offerings to cater to the evolving demands of a rapidly globalizing clientele.
Through this agreement , Bitfinex Securities and SkyBridge Digital Finance seek to harness their combined expertise to nurture a secure and regulated environment for the tokenization of SME securities globally. The collaboration encompasses various initiatives, including the development of new products, information exchange, common strategic execution on Security Token Offerings, dual listings for securities, tokenized funds, synthetic securities, and the integration of digital systems to reduce investor friction points.
Yessengeldy Rakhimbekov, Managing Director at SkyBridge Digital Finance, said “This partnership with Bitfinex Securities is an exhilarating move towards a technical revolution in blockchain finance. We are creating a new global standard through tokenization, and this MOU is a leap forward for the finance industry.”
Jesse Knutson, Head of Operations at Bitfinex Securities stated “Given SkyBridge’s experience and presence in Kazakhstan as well as their expertise and capabilities in capital markets, we view this cooperation as an important bridge between traditional and new finance. Working with SkyBridge bolsters our ability to bring more high-quality assets to Bitfinex Securities, offers issuers a cheap and efficient path to deeper pools of global liquidity, and is another important step in the development of capital markets in the AIFC, Kazakhstan and Central Asia more broadly.””
Bitfinex Securities, recognized for its advanced trading solutions, is dedicated to the principles of security, liquidity, and innovation. This latest commitment is evidence of its increasing stature as a trusted global player in digital asset trading.
Both companies expressed their belief that future collaborations will stem from this MOU. They look forward to furthering economic growth, attracting international investment, and positioning the Astana International Financial Centre (AIFC) as a regional beacon of innovation.
For more information about SkyBridge Digital Finance please visit https://sbinvest.kz/
For more information about Bitfinex Securities please visit our website at https://www.bitfinex.com/securities.
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for digital currency traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market, and financed trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for professional traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
About Bitfinex Securities
Bitfinex Securities, with entities registered and licensed in the AIFC and El Salvador, offers investors and issuers a regulated, efficient and global solution to tokenized security issuances and secondary market trading. Bitfinex Securities was the first global digital asset platform licensed and registered in the AIFC and was also the first to be licensed under El Salvador’s new Digital Asset regime.
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