CMCC Global Partners With Tether and Bitfinex Securities for Tokenized Fund-of-Funds

Blockchain asset manager CMCC Global announced on Oct. 22, 2026, the tokenization of two flagship quantitative investment vehicles under El Salvador's Digital Asset Framework ¹. The offerings represent the jurisdiction's first tokenized fund-of-funds structures and rely on issuance infrastructure provided by Tether's Hadron platform alongside listing venue Bitfinex Securities ¹.

The offerings cover CMCC Global's Crest Fund and the Liberty Bitcoin Accumulation Fund (LBAF), which operate as segregated portfolios of Cayman Islands-domiciled CMCC Global SPC ¹. The USD-denominated Crest seeks returns outpacing US Treasury yields, while LBAF aims for net annualized returns of 8% to 12% denominated in $BTC ¹. Both vehicles run market-neutral quantitative hedge fund strategies across decentralized finance, market making, funding-rate arbitrage, and cross-venue arbitrage ¹. At the time of writing, Bitcoin traded around $81,961, down 1.6% over the preceding 24 hours.

Structure and Anchor Capital

Tokens will be minted against underlying fund shares through Bitfinex Securities El Salvador at initial prices of $10 per CREST token and 0.0001 BTC per LBAF token, with a minimum investment threshold of one token ¹. The architecture burns tokens upon redemption to preserve a 1:1 economic peg with fund shares while enforcing identity verification rules ¹. Secondary trading will operate continuously on Bitfinex Securities, alongside self-custody options across approved whitelisted addresses ¹.

Publicly listed digital asset treasury firm BTCS S.A. has committed to anchor the offerings, intending to allocate an undisclosed triple-digit BTC amount during the launch ¹. The capital raise subscription window opened on Oct. 22 and remains available to eligible participants through Oct. 30, 2026 ¹.