Bitfinex Securities launches two innovative tokenization products in the UK

According to CoinDesk, Bitfinex Securities has launched two innovative tokenization products in the UK. The first product TITAN1 will distribute £ 5 million (approximately $6.8 million) in subordinated debt to Castle Community Bank in Scotland, providing investors with a 20% annualized dividend that will be paid quarterly and locked in for the first 5 years as non redeemable. The second product, TITAN2, focuses on UK automotive finance improper sales claims cases and plans to invest £ 100 million (approximately $136 million) through equity linked notes, with investors receiving 50% of the claim income proportionally. Both products are issued on the Bitcoin sidechain Liquid Network developed by Blockstream, using a white name standalone system to ensure compliance.