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Bitfinex Securities completed a record $50 million raise for Alkemya, whose token represents interests in a partnership that holds nickel assets.<\/p>\n
Bitfinex Securities has completed a record $50 million tokenized capital raise for metals company Alkemya, marking the platform\u2019s largest raise to date as it expands its offering of tokenized real-world assets (RWAs).<\/p>\n
The raise involved ALKN, a tokenized security representing limited partnership interests in Luxembourg-based Alkemya Metacore SCSp, the companies said in an announcement shared with Cointelegraph on Thursday. The partnership owns about 7 million meters of 99.99% pure nickel wire, which the companies said was independently valued at about $1.64 billion.<\/p>\n
Bitfinex Securities told Cointelegraph that the $50 million raise surpassed its previous record of $30 million for USTBL, a tokenized US Treasury product issued under El Salvador\u2019s Digital Asset Law. The platform has completed seven capital raises and listed 16 assets to date.<\/p>\n
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