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CMCC Global Partners with Tether and Bitfinex Securities to Launch the First Tokenised Fund-of-Funds Under El Salvador's Digital Asset Framework

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CMCC Global Partners with Tether and Bitfinex Securities to Launch the First Tokenised Fund-of-Funds Under El Salvador's Digital Asset Framework
Business

Business

CMCC Global Partners with Tether and Bitfinex Securities to Launch the First Tokenised Fund-of-Funds Under El Salvador's Digital Asset Framework

2026-10-22 18:58 Last Updated At:19:16

  • CMCC Global is tokenising units of its Crest and Liberty Bitcoin Accumulation Funds, the first tokenised fund-of-funds offerings to be issued under El Salvador's Digital Asset Framework
  • The tokens are issued on Tether's Hadron tokenisation platform and will be issued, distributed and traded through regulated venue Bitfinex Securities
  • BTCS S.A., a Warsaw- and Frankfurt-listed digital asset treasury company (NewConnect: BTF; FRA: 36C), has agreed to serve as anchor investor, and intends to allocate an undisclosed triple-digit bitcoin amount for the fund's forthcoming launch via Bitfinex Securities.
  • CMCC Global is leading the next phase of tokenisation, moving crypto-native investment products onto regulated tokenised securities infrastructure for issuance, distribution and secondary trading 

SAN SALVADOR, EL SALVADOR, Oct. 22, 2026 /PRNewswire/ -- CMCC Global, one of the world's first asset managers focused solely on blockchain technology, today announces the tokenisation of two of its flagship funds, Crest Fund ("Crest") and the Liberty Bitcoin Accumulation Fund ("LBAF"), set to become the first-ever tokenised fund-of-funds offerings issued under El Salvador's legal framework for digital assets.

The tokens are built using Hadron by Tether, the tokenisation platform developed by the issuer of the world's largest stablecoin, USDT, and will be offered through Bitfinex Securities, a regulated platform for raising capital and trading tokenised securities.

The offerings come as tokenisation continues to expand across global capital markets. Stablecoins, tokenised government bonds and money-market funds alone have grown into the hundreds of billions of dollars in Assets under Management. Crest and LBAF represent the next phase of market evolution. Tokenizing investment products and issuing them on regulated tokenised securities platforms will transform how financial markets work and democratise access for millions who were previously excluded from these opportunities.

"Tokenisation represents the biggest transformation to financial services in a generation" said Martin Baumann, Co-Founder and Managing Partner of CMCC Global. "Every asset that can be tokenised will be tokenised. Stablecoins and Treasuries proved the model at a scale of hundreds of billions of dollars. Now it's time for investment funds, and CMCC Global is leading the charge."

Crest and LBAF were developed around two different objectives. Crest is USD-denominated and seeks to generate returns above US Treasury bill yields, while LBAF is designed for investors who measure returns in Bitcoin units and targets net annualised returns of 8–12 percent in Bitcoin terms.

To bring the funds onchain, CMCC Global turned to two partners operating at scale. "By partnering with Tether and Bitfinex Securities we are selecting issuance technology proven at the scale of the world's largest stablecoin, USDt, together with a regulated venue purpose-built for tokenised securities." Baumann said.

Both Crest and LBAF will be tokenized using Tether's technology stack. Hadron by Tether will provide the complete infrastructure needed to launch, manage, and track these tokenised funds.

The launch is also a first for Bitfinex Securities. Crest and LBAF will be the first tokenised funds offered on its platform. "CMCC Global is setting the standard for the next wave of tokenisation: taking investment strategies built inside digital-asset markets and bringing them onchain on regulated infrastructure," said Jesse Knutson, Head of Operations at Bitfinex Securities. "Offerings like this show what open, 24/7 capital markets can do for issuers and investors, and we expect many more fund managers to follow CMCC Global's lead."

The offerings have already attracted institutional backing. BTCS S.A., a Warsaw- and Frankfurt-listed digital asset treasury company (NewConnect: BTF; FRA: 36C), has agreed to serve as anchor investor, intending to allocate an undisclosed triple-digit bitcoin amount for the fund's forthcoming launch via Bitfinex Securities.

"Our Active Treasury model has one rule: the bitcoin on our balance sheet should earn more bitcoin." said Marlena Lipińska, CEO of BTCS S.A. "LBAF measures its returns in bitcoin, is managed by a team with a multi-year track record in market-neutral strategies, and is now available as a tokenized security on a regulated venue. For a listed company that is the right combination: BTC-denominated returns, a professional manager, and a format our auditors and the market can follow. As with everything we do."

The capital raise subscription period for both offerings is now open. Eligible investors can subscribe into the initial public offering until the 30th October 2026, with benefits given to early participants during an initial public offering incentive period.

Crest was co-founded by renowned onchain analyst and investor Willy Woo and CMCC Global and launched in March 2022. LBAF launched in April 2025. Both funds are multi-manager quantitative hedge funds. The funds allocate across market-neutral digital-asset strategies, including funding-rate, cross-venue and volatility arbitrage, market making and DeFi. The underlying strategies have delivered positive returns every year since 2022, weathering every major crypto shock from the Luna collapse and FTX bankruptcy to last October's USD19bn flash crash.

Both funds are segregated portfolios of CMCC Global SPC in the Cayman Islands. Tokens will be issued through Bitfinex Securities El Salvador at USD10 per CREST and 0.0001 BTC per LBAF, with a minimum investment of one token.

The tokens are minted against the underlying participating shares and burned upon redemption, maintaining a 1:1 economic representation of the relevant fund interests. This architecture enables participating fund interests to be represented digitally while remaining subject to full KYC and AML controls. Eligible holders gain access to 24/7/365 secondary-market trading through Bitfinex Securities, alongside options for self-custody using approved, whitelisted addresses.

Eligible investors can subscribe to the offering via https://capital.bitfinex.com/crest and https://capital.bitfinex.com/lbaf

About CMCC Global
CMCC Global was founded in 2016 in Hong Kong as one of Asia's first investment managers focused solely on blockchain investments. The firm has a track record of investing early in leading protocols such as Bitcoin at USD600, Ethereum at USD7 and Solana at USD0.20. Over the past 10 years, CMCC Global has grown into a diversified asset manager with focus on Bitcoin, Digital Assets and Web3 opportunities. It provides professional investors with exposure to various risk return profiles and operates four business lines: Digital Asset Funds, Equity VC, Fund of Hedge Funds focused on market neutral strategies with dedicated USDT and Bitcoin accumulation strategies, as well as a capital markets business. CMCC Global has offices in Asia and North America.

More information can be found at: www.cmcc.vc

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CMCC Global Partners with Tether and Bitfinex Securities to Launch the First Tokenised Fund-of-Funds Under El Salvador's Digital Asset Framework

CMCC Global Partners with Tether and Bitfinex Securities to Launch the First Tokenised Fund-of-Funds Under El Salvador's Digital Asset Framework

NEW YORK, Oct. 22, 2026 /PRNewswire/ -- The Hilco Global IP Services practice today officially released the first additional details about its offering of the Omniverse Collection, created by Stan Lee. The portfolio includes more than 200 characters, story worlds, trademarks and other largely unexploited creative assets. Three properties will stand out for many buyers: The Femizons, Slam-Girl, and The Accuser. Offers are due by 12:00 noon ET, December 8, 2026. The firm was engaged by Stan Lee Holdings, Ltd. (SLH) to conduct the sale.

The Collection captures Stan Lee's visionary effort to reinvent super hero entertainment for the Internet age through original characters, connected digital worlds and audience participation. A buyer has an opportunity to extend Lee's historic creative legacy by developing new characters, expanding existing worlds and creating interactive experiences for global audiences.

The Femizons is a female-led franchise introduced by Stan Lee in 1971 and rebooted in 1991. The franchise of heroes and villains includes more than 40 characters, is set in a world where women hold dominant societal power, and carries a heritage and modern-day relevance that few properties can match.

Slam-Girl, created by Stan Lee with animation director Will Meugniot in 2000 as the internet-age super hero for the new millennium, is a reluctant, budding feminist heroine with a twist on the classic origin story. Shirrel Rhoades, the former Marvel Entertainment executive vice president and Stan Lee confidant advising SLH, calls her Stan's intended next generation super hero.

The Accuser, also created by Lee in 2000, is a former attorney turned super hero. Paralyzed by a horrific attack that also killed his wife, a mysterious benefactor then gifts him a wheelchair which transforms into mechanized armor capable of moving his legs. The Collection includes 22 webisodes, a TV script, and an opportunity to evolve a character with a special connection to differently abled people globally.

"The Omniverse Collection constitutes original IP with meaningful creator provenance, substantial creative flexibility, and room for a new owner to define the canon, audience, and commercial strategy," said Eric Hurwitz, Senior Director of the Hilco Global IP Services practice. "This is a compelling value proposition for a studio, publisher, game company, licensing business, entertainment operator, or strategic investor."

"These are pieces of a living universe in which characters can be created, experienced, and expanded across every form of media," added Shirrel Rhoades, Stan Lee Collaborator and Former EVP at Marvel Entertainment. "I look forward to seeing how the Collection's acquirer applies their own vision to achieve, and even surpass, the future that my friend and colleague, Stan Lee, imagined for these creations."

Parties can contact Eric Hurwitz at ehurwitz@hilcoglobal.com or Stella Silverstein at ssilverstein@hilcoglobal.com to register interest and access collection documentation in the official data room. More details are forthcoming.

About Hilco Global:
Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, and intellectual property sectors. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to transact. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Hilco Global Unmasks First Super Hero Identities, Franchise Details for Sale of the Omniverse Collection, Created by the Legendary Stan Lee

Hilco Global Unmasks First Super Hero Identities, Franchise Details for Sale of the Omniverse Collection, Created by the Legendary Stan Lee

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