Wall Street Financial Services Firm Lazard Plans to Create Tokenized Funds in Partnership with Bitfinex Securities

Odaily News Wall Street financial services company Lazard plans to work with Bitfinex Securities and SkyBridge Invest to create a tokenized fund. The tokenization of traditional financial products is a booming field in the digital asset industry. Global companies such as BlackRock, HSBC and Lazard have already entered this field. It is reported that the tokenized fund will be established and issued in accordance with the Kazakhstan Financial Services Law and will be regulated by the Astana Financial Services Authority (AFSA). SkyBridge and Bitfinex have been approved to operate in this agency. (Coindesk)