Wall Street financial services firm Lazard plans to partner with Bitfinex Securities to create a tokenized fund

Wall Street financial services firm Lazard plans to partner with Bitfinex Securities and SkyBridge Invest to create a tokenized fund. The tokenization of traditional financial products is a booming area in the digital asset industry, and global companies such as BlackRock, HSBC, and Lazard have entered the field. It is reported that the tokenized fund will be established and issued under the Kazakh Financial Services Law and regulated by the Astana Financial Services Authority (AFSA), where SkyBridge and Bitfinex have been approved to operate.