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CMCC Global will tokenize two quantitative hedge funds and issue them through Tether and Bitfinex Securities

According to PR Newswire, the blockchain asset management firm CMCC Global announced the tokenization of its Crest Fund (Crest) and Liberty Bitcoin Accumulation Fund (LBAF), calling them the first tokenized master fund products issued under El Salvador's digital asset legal framework.The two funds will be issued using Tether's Hadron tokenization platform and will raise funds from qualified investors through the regulated Bitfinex Securities platform, with the subscription period ending on October 30, 2026. Both funds are multi-manager quantitative hedge funds that invest in market-neutral strategies in the digital asset market, including funding rates, cross-exchange and volatility arbitrage, market making, and DeFi strategies. Among them, Crest is denominated in USD, targeting returns above U.S. Treasury yields; LBAF is denominated in Bitcoin, targeting a net annualized return of 8% to 12%.BTCS S.A., a digital asset treasury company listed in Poland and Frankfurt, has agreed to act as a cornerstone investor and plans to allocate a three-digit number of Bitcoins to LBAF, with the specific amount not yet disclosed. The token issuance price is set at $10 per CREST and 0.0001 BTC per LBAF, with a minimum subscription of one token; eligible holders can also trade on the secondary market through Bitfinex Securities around the clock.

CoinMarketCap officially launches the launch platform CMC Launch, with the first project being the decentralized perpetual trading platform Aster ($AST)

ChainCatcher news, cryptocurrency data platform CoinMarketCap (CMC) today announced the launch of CMC Launch---a launch platform specifically designed for high-quality Pre-TGE projects, aimed at connecting potential crypto projects with over 50 million monthly active users worldwide. The first project to join CMC Launch is the decentralized perpetual trading platform Aster ($AST).Compared to traditional launch platforms, CMC Launch employs a stricter review mechanism, open only to truly promising projects, helping early-stage projects reach global users. Selected projects will receive a dedicated launch page, interactive tasks that incentivize user participation, and support for wallet screening for airdrop eligibility.The first project is Aster, backed by YZI Labs, aiming to provide innovative perpetual contract services for traders from beginner to advanced levels. Core features include: a simple/professional dual-mode trading interface, catering to different user groups; various airdrop incentives; non-custodial trading without KYC, ensuring asset sovereignty; and providing deep liquidity pools, low fees, and multi-chain support, currently live on BNB Chain and Arbitrum.CMC CEO Rush stated, "The competition for traffic among projects in the cryptocurrency space is fierce. CMC Launch is dedicated to helping new projects accurately reach and connect with users looking for potential tracks. As a 'hub of cryptocurrency,' we welcome Aster as the first CMC Launch project to showcase its innovative value to the global community."
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