Bitfinex Securities to Launch Tokenized Products in El Salvador

• Bitfinex plans to build Blockstream Mining Note2 in El Salvador in 2025.
• BMN2 provides exposure to Bitcoin mining with an established track record.

It’s now official that Bitfinex Securities will release its much-anticipated tokenized financial product, the Blockstream Mining Note2 (BMN2), in El Salvador next year. The company recently launched tokenized US Treasury bills in the country. This proves again the ever-growing trend to include traditional finance in blockchain environments.

The BMN2 product provides investors with exposure to Bitcoin mining, which generates returns based on Bitcoins mined by Blockstream, one of the first companies that began mining Bitcoins. space of three years, BMN1 investors accrued over 1,212 BTC worth more than $70 million and delivered returns of over 108%.

Blockchain and Traditional Finance Merge in El Salvador 

Speaking to Diario El Salvador, Jesse Knutson, Head of Operations at Bitfinex, commented on the soon-to-be-launched BMN2, saying that it will be issued directly from El Salvador and traded on the platform of Bitfinex Securities.”We want to have BMN2 listed on Bitfinex Securities in the first quarter of the year, and it will be issued from El Salvador. This product has a proven track record, with the results of BMN1 visible to potential investors,” Knutson said.

This innovative tokenized financial product connects TradFi and blockchain, giving investors a chance to diversify their portfolios. It exposes them to Bitcoin mining and serves as a pioneering financial instrument. It merges two industries that were once considered separate.

This positions El Salvador uniquely well as an early mover in blockchain financial products within its own jurisdiction. The country remains open to cryptocurrency and digital asset innovation. With the grand launch of Bitfinex Securities in November of 2024, BMN2 debuted, the first-ever tokenized US Treasury bill in El Salvador.

El Salvador is one of the pioneer countries advancing digital assets and blockchain technology, and, hence, there is no cause for surprise as to why BMN2 from Bitfinex should be regarded as a significant landmark in ever-expanding crypto integrations within financial systems. The country will thus stay in the lead by strengthening such resolutions. It will keep getting on track in its new project launch.