Bitfinex Owner Invests $1M in Dusk's Security Token Exchange

Bitfinex parent iFinex has invested $1 million into Dusk Network, a Dutch-based company looking to create a regulated security token platform.

Announced in a press release Tuesday, Dusk said the capital would go toward a new exchange that will bring new types of tokenized assets to the European market.
Details remain thin on the ground, but the proposed exchange will list tokenized financial products such as equities, commodities, bonds and exchange-traded funds (ETFs).
It will be wholly separate from Dusk Network itself, a spokesperson told CoinDesk.
The exchange will adhere to the second Markets in Financial Instruments Directive (MiFID II) – a European Union regulatory framework for transparency and investor protection – and will, therefore, be able to operate across most of Europe.
A Dusk spokesperson declined to comment on whether iFinex will receive an equity stake or token share in return for its investment.

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