Bitfinex Securities, a regulated platform for trading tokenized securities, announced today a major update to its account architecture, eliminating separate securities sub-accounts and enabling native support for security tokens on master and standard trading accounts.
The El Salvador-based exchange will no longer require users to maintain separate sub-accounts for security tokens. Under the revised framework, tokenized assets will appear alongside digital currencies in exchange wallets, allowing unified portfolio oversight.
Existing securities sub-accounts will transition into regular trading sub-accounts without affecting balances, login details, 2FA configurations, and withdrawal permissions, the company stated.
The update reflects Bitfinex Securities’ focus on improving accessibility to advanced financial instruments, said Jesse Knutson, who oversees the company’s operations.
Users will gain the ability to move security tokens freely between sub-accounts and their primary account. Full identity verification and securities-specific compliance checks remain mandatory for all participants trading tokenized instruments.
The platform, established in 2021, holds regulatory authorization from both the Astana International Financial Centre in Kazakhstan and the Salvadoran authorities. It offers around-the-clock trading and supports the self-custody of tokenized assets.
Source: https://cryptobriefing.com/unified-account-structure-bitfinex/
