Bitfinex Securities launches tokenized fund offerings using Tether’s Hadron

Bitfinex Securities has opened capital raises for two tokenized funds from CMCC Global, adding dollar and Bitcoin denominated investment strategies to its securities platform. The offerings cover Crest Fund and the Liberty Bitcoin Accumulation Fund, or LBAF, according to a press release shared with Crypto Briefing. Both funds are being tokenized using Hadron by Tether. Subscriptions will remain open to eligible investors through October 29, with secondary trading expected to follow once the raises are completed. Bitfinex Securities said the products will be the first tokenized funds of funds issued under El Salvador’s digital asset framework. CMCC Global co founded the funds with Bitcoin analyst Willy Woo. Crest launched in March 2022, while LBAF launched in April 2025. Both allocate capital across quantitative managers using strategies such as funding rate arbitrage, market making, arbitrage across exchanges and DeFi. Crest is denominated in dollars and seeks to generate returns above US Treasury bill yields. LBAF measures returns in Bitcoin and targets net annualized returns of 8% to 12%, according to CMCC Global Managing Partner Martin Baumann. “Both funds use diversified portfo...