Bitfinex Securities, a sister company to Tether, plans to launch block stream Dining note 2 (BMN2) in El Salvador during the first quarter of this year, according to a new report from Diario El Salvador.
The planned feature follows the successful launch of BMN1 in Luxembourg, which paid out over $ 70 million in Bitcoin to investors, a 108% return on its initial investment.
This time, BMN2 will be issued from El Salvador, a feature designed to democratize access to the unique investment vehicle. Jesse Knutson, Head of Operations at Bitfinex, explained that the minimum investment in Luxembourg was a substantial $ 100,000 for non-qualified investors.
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At the same time, El Salvador offers the regulatory environment, especially with its digital asset law, greater flexibility, paves the way for a much lower entrance place and opens the door to a wider range of investors, according to Knutson.
In January 2023, El Salvador’s Digital Assets Law was adopted for digital assets in the country. The purpose of providing legal clarity and promoting the growth of the digital asset industry in the Central American nation enables the law tokenization of real assets and facilitates the issue of stablecoins.
#Dedinero This Wednesday @Bfxsecurities Day in El Salvador, an event that unites investors and people with an interest in knowing the symbolic financial market that builds the country. This is developed within the context of @Planbelsalvador.
Video:… pic.twitter.com/6w37m3vb6m
– Diario El Salvador (@elsalvador) January 29, 2025
The regulated platform, which specializes in emission and trading in tokenized financial instruments, including shares, bonds, real estate and innovative products such as Hashrate contracts, recently launched UstBL, tokenized US finance minister (T-Bills), according to the Salvadoran Act.
The launch, facilitated through the company’s partnership with Nexbridge, is expected to generate an annual return of about 5% in maturity of the T-invoices.
Tokenization enables factioned ownership of assets with high value, making it easier for retail investors to participate in markets that were previously inaccessible. With the help of blockchain technology, investors can trade assets around the clock, while transparency and security for transactions are guaranteed.
Large financial units, including JPMorgan and Goldman Sachs, are actively investigating RWA tokenization. Asset Management Giant Blackrock, although it only launches its tokenized asset fund in less than a year, is one of the most active participants.
In a new interview with CNBC at the World Economic Forum, Blackrock invited the Larry FINK US Securities and Exchange Commission (SEC) to accelerate the approval process for tokenization of shares and bonds.
According to FINK, tokenization is an important element of financial reform that would democratize investment and lower the cost of ownership of traditional assets. He noted that these progress would ultimately benefit everyday investors as they make investment opportunities more accessible.
The tokenization market for real assets is expected to reach $ 50 billion in 2025, driven by increased adoption, technical progress and commitment from institutional players such as Blackrock and Securitize.
El Salvador’s growing reputation as a crypt -friendly hub
With the upcoming launch of BMN2, Bitfinex aims to establish El Salvador as a leading hub for tokenized capital markets. The company sees a lot of room for growth in the country’s tokenized market within the next five years.
The move seems to be in line with Tether’s latest decision to move its business to El Salvador.
The company behind the world’s largest Stablecoin after marketing said earlier this month that the decision was made after it successfully met all legislative requirements and received a Digital Asset Service Provider (DASP) license in the country.
As part of the move, Tether establishes Its main headquarters in El Salvador, which will serve as the operational basis for the company and its subsidiaries. Tether said it was aimed at taking advantage of El Salvador’s supporting environment for Cryptocurrency, especially since the country was the first to adopt Bitcoin as its legal tender.
Given its market value of approximately $ 137 billion, Tether’s move to El Salvador is expected to have a major impact on the country’s economy and potentially become an important contributor to its GDP.
In addition, the company also plans to build a skyscraper, called “Tether Tower”, in San Salvador, which shows its long -term commitment to establish a strong foothold in the region.
