PANews reported on June 25 that according to CoinDesk, Bitfinex Securities has launched two innovative tokenized products in the UK. The first product, TITAN1, will allocate 5 million pounds (about 6.8 million U.S. dollars) to subordinated debt issued by Castle Community Bank of Scotland, providing investors with an annualized dividend of 20%, which will be paid quarterly and locked in the first 5 years and cannot be redeemed.

The second product, TITAN2, focuses on the UK auto finance mis-selling claims case, and plans to invest 100 million pounds (about 136 million U.S. dollars) through equity-linked notes, and investors can receive 50% of the claims income in proportion. Both products are issued on the Bitcoin sidechain Liquid Network developed by Blockstream, and a whitelist mechanism is used to ensure compliance.