Bitcoin · U.S. Treasury · Crypto Briefing
Bitfinex Securities raises $50 million for tokenized nickel trading via ALKN token
Compiled by KHAO Editorial — aggregated from 3 sources. See llms.txt for citation guidance.
✓ KHAO Verified
The platform is tokenizing a $1.6 billion nickel wire inventory stored in a Swiss vault, offering structured returns to institutional investors.
Key facts
- Each ALKN token is priced at $1.00, but the offering documents peg its intrinsic launch value at approximately $2.05 per token
- That inventory has been independently valued between $1.6 billion and $1.64 billion
- Bitfinex Securities is raising $50 million through a tokenized security backed by nickel wire
- Investors need to put up at least $120,000 to participate, which firmly places ALKN in institutional and high-net-worth territory
Summary
Bitfinex Securities is raising $50 million through a tokenized security backed by nickel wire. That inventory has been independently valued between $1.6 billion and $1.64 billion. Each ALKN token is priced at $1.00, but the offering documents peg its intrinsic launch value at approximately $2.05 per token. Investors need to put up at least $120,000 to participate, which firmly places ALKN in institutional and high-net-worth territory.