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📅 July 3, 7:00 – July 9,
Bitfinex Securities launches two alternative financial products in the UK.
According to Mars Finance, Bitfinex Securities has issued two alternative financial products in the UK. One focuses on community bank debt, named "TITAN1," which will allocate £5 million ($6.8 million) to the subordinated debt issued to Castle Community Bank, a company that provides loans to financially vulnerable clients in Edinburgh, Scotland. The other focuses on litigation related to improper sales of auto finance claims, named "TITAN2," which will invest £100 million ($136 million) in litigation financing related to misleading sales claims in UK auto finance, a market expected to generate billions in compensation. (CoinDesk)