Bitfinex Securities raises $50 million to pursue tokenized nickel trading

Bitfinex Securities has raised $50 million as it prepares to list a new security tied to a Luxembourg-based industrial metals platform, according to CoinDesk. The platform is built around a reported $1.6 billion stockpile of high-purity nickel wire. The planned listing would support Bitfinex Securities’ push to offer exposure to tokenized nickel trading through a blockchain-based security. The source did not provide further details on the security’s structure, timing or trading terms. The initiative links digital-asset market infrastructure with the industrial metals sector, where nickel is used as a key raw material. The proposed product is centered on the underlying nickel inventory rather than a cryptocurrency asset, although it would be offered through Bitfinex Securities’ digital-asset securities platform.