Foresight News
Foresight News|Aug 27, 2026 10:07
**[Bitfinex Securities to Raise $50 Million to Advance Tokenized Nickel Trading Business]** Foresight News reports, according to CoinDesk, that the tokenized asset trading platform Bitfinex Securities, affiliated with cryptocurrency exchange Bitfinex, has announced plans to list a new security called "ALKN." This security is linked to Luxembourg-based industrial metal platform Alkemya Metacore, whose core asset is a $1.6 billion (approximately 7 million meters) inventory of high-purity nickel wire. The nickel wire is currently stored in Switzerland and is widely used in sectors such as semiconductors, aerospace, and defense. Through tokenization, Alkemya Metacore aims to raise $50 million in funding, which will be used to support its subsidiary Green Transitional Metals in the research and commercialization of nickel products in areas such as electromagnetic shielding, aerospace and defense, semiconductors, power industrial systems, green hydrogen energy, and precious metal recycling. The initial subscription for ALKN tokens, targeted at qualified investors, will run until October 15. It is considered one of the world's first tokenized nickel products and the first tokenized commodity issuance project under El Salvador's digital asset regulatory framework.
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