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Bitfinex Securities Launches Two Alternative Financial Products in the UK
Summary: Bitfinex Securities has launched two alternative financial products in the UK. One focuses on community bank debt, named 'TITAN1', allocating £5 million ($6.8 million) of subordinated debt to Castle Community Bank, a company providing loans to financially vulnerable clients in Edinburgh, Scotland. The other product, 'TITAN2', focuses on litigation related to mis-sold car finance claims, ...
Bitfinex Securities has launched two alternative financial products in the UK. One focuses on community bank debt, named 'TITAN1', allocating £5 million ($6.8 million) of subordinated debt to Castle Community Bank, a company providing loans to financially vulnerable clients in Edinburgh, Scotland. The other product, 'TITAN2', focuses on litigation related to mis-sold car finance claims, investing £100 million ($136 million) in financing litigation related to misleading car finance sales claims in the UK market, expected to generate billions in compensation. (CoinDesk)
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