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Bitfinex Securities Launches Two Alternative Financial Products in the UK
25/06 23:58
Odaily Planet Daily News Bitfinex Securities has issued two alternative financial products in the UK, one focusing on community bank debt, its product name is "TITAN1", the product will allocate 5 million pounds (6.8 million US dollars) to subordinated debt issued by Castle Community Bank, a company that provides loans to financially vulnerable customers in Edinburgh, Scotland; the other focuses on litigation related to mis-selling auto finance claims, the product name is "TITAN2", it will invest 100 million pounds (136 million US dollars) in litigation financing related to misleading sales claims of auto finance in the UK, and this market is expected to generate billions of dollars in compensation. (CoinDesk)
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