The tokenized funds will probably be arrange and issued underneath Kazakhstan’s monetary providers regulation, underneath regulatory oversight of Astana Monetary Providers Authority (AFSA), the place SkyBridge and Bitfinex are licensed to function. Bitfinex Securities is accountable for the tokenization course of, whereas SkyBridge will act as dealer and supervisor of the tokenized fund. The merchandise will probably be accessible to retail customers, however with sure geographic limitations, and accessible to be bought with Tether’s stablecoin (USDT).
