CMCC Global Launches First Tokenized Fund-of-Funds Under El Salvador's Digital Asset Framework
CMCC Global has announced the tokenization of its Crest and Liberty Bitcoin Accumulation Funds (LBAF), marking the first fund-of-funds offerings issued under El Salvador's digital asset legal framework. The initiative utilizes Tether's Hadron platform for infrastructure and Bitfinex Securities as the regulated venue for issuance, distribution, and secondary trading. The launch is supported by anchor investor BTCS S.A., which intends to allocate a triple-digit amount of Bitcoin to the funds. The Crest fund aims to outperform US Treasury bill yields in USD terms, while the LBAF targets annual returns of 8–12% measured in Bitcoin units. This move signals an expansion of tokenization from stablecoins and bonds into complex investment products.
Topics: Bitcoin Funds Blockchain Technology Digital Assets El Salvador Digital Asset Framework Tokenization