Bitfinex enhances account architecture to support native security tokens
Bitfinex is streamlining its account structure to natively support security tokens, simplifying management for users.Summary
Bitfinex Securities has updated its account architecture to eliminate separate sub-accounts for security tokens, allowing users to manage both digital currencies and tokenized securities within a single account framework. This change simplifies portfolio oversight by displaying tokenized assets alongside traditional cryptocurrencies in exchange wallets. Existing sub-accounts will be automatically transitioned to regular trading sub-accounts without disruption to user credentials or security settings. According to Jesse Knutson, this update aims to improve accessibility to tokenized asset classes like bonds and regulated securities. While streamlining access, the platform maintains full identity verification and compliance checks for all participants trading tokenized instruments. Bitfinex Securities, established in 2021, is regulated by both the Astana International Financial Centre and Salvadoran authorities, offering 24/7 trading and self-custody options.
(Source：Crypto Briefing)