08 Jun Bitfinex Securities and Astana Worldwide Trade (AIX) agree on phrases of cooperation
ASTANA, Kazakhstan June 8, 2023 – Bitfinex Securities Ltd, the main platform for the issuance and buying and selling of tokenized securities, – is happy to announce the signing of a Memorandum of Understanding (MOU) with Astana Worldwide Trade (AIX), to ascertain a collaborative partnership in varied mutually helpful areas. The MOU signifies a landmark settlement between the 2 entities and units the stage for future cooperation within the realm of tokenized securities and monetary expertise.
Bitfinex Securities, licensed within the FinTech Lab by the Astana Monetary Companies Authority, operates as a outstanding platform for the itemizing and buying and selling of tokenized securities. AIX, working inside the Astana Worldwide Monetary Centre growth framework, is an esteemed change with a concentrate on creating an energetic capital market in Kazakhstan and the area.
Beneath this MOU, AIX and Bitfinex Securities have recognized a number of initiatives and shared objectives for collaboration. These embrace the exploration of twin itemizing alternatives for absolutely fungible typical and tokenized securities, the institution of post-trade hyperlinks between their respective securities settlement techniques, and joint promotion efforts to facilitate environment friendly bridges between typical and tokenized buying and selling venues.
Olivier Guéris, Chief Working Officer of AIX, expressed his optimism in regards to the collaboration, stating, “AIX and Bitfinex share the idea that so-called “conventional” and “digital” finance are two sides of the identical coin and their integration creates extra synergies than hurdles. Each fashions should not antagonistic and creating bridges and fungibility between them in a totally regulated surroundings can solely profit issuers and traders, thereby boosting the general liquidity of our frequent market.”
Jesse Knutson, Head of Operations Bitfinex Securities, shared his perspective on the collaboration, saying, “We view this partnership with AIX as a vital milestone within the technological improve of capital markets. By providing an economical different to merchandise like depository receipts, we are able to present publicly listed corporations with entry to international liquidity. Merchants and traders will profit from real-time settlement, 24/7/365 buying and selling, and an expanded pool of high-quality funding alternatives. We imagine that twin listings may turn out to be a significant driver of liquidity on each exchanges.”
AIX, shaped in 2017 inside the Astana Worldwide Monetary Centre growth framework, operates inside a regulatory surroundings based mostly on the ideas of English Legislation, guaranteeing a dependable funding surroundings. AIX shareholders embrace AIFC, the Shanghai Inventory Trade, the Silk Highway Fund, and NASDAQ, which additionally supplies the AIX buying and selling platform. The change’s mission is to create beneficial circumstances for attracting financing to non-public and public companies, thus creating an energetic capital market in Kazakhstan and the area.
The Astana Worldwide Monetary Centre (AIFC) serves as an unbiased jurisdiction with a beneficial authorized and regulatory surroundings, providing a developed infrastructure for enterprise operations, funding attraction, job creation, and the general financial growth of Kazakhstan.
For extra details about AIX, please go to www.aix.kz.
For extra details about the Astana Worldwide Monetary Centre (AIFC), please go to https://aifc.kz/.
For extra details about Bitfinex Securities please go to our web site at https://www.bitfinex.com/securities.
About Bitfinex
Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art providers for digital foreign money merchants and international liquidity suppliers. Along with a collection of superior buying and selling options and charting instruments, Bitfinex supplies entry to peer-to-peer financing, an OTC market, and financed buying and selling for a wide array of digital tokens. Bitfinex’s technique focuses on offering unparalleled help, instruments, and innovation for skilled merchants and liquidity suppliers around the globe. Go to www.bitfinex.com to study extra.
About Bitfinex Securities
Bitfinex Securities, with entities registered and licensed within the AIFC and El Salvador, provides traders and issuers a regulated, environment friendly and international resolution to tokenized safety issuances and secondary market buying and selling. Bitfinex Securities was the primary international digital asset platform licensed and registered within the AIFC and was additionally the primary to be licensed beneath El Salvador’s new Digital Asset regime.
For Media Enquiries