Bitfinex Securities is stepping up its game with two new tokenized offerings aimed at enhancing investment opportunities in the UK. The first offering, named TITAN1, will allocate £5 million (approximately $6.8 million) towards subordinated debt released by Castle Community Bank, targeting financially underserved clients in Scotland. Investors can expect a 20% annual dividend, with payments distributed quarterly over a term of up to 10 years.

The second product, TITAN2, aims to inject £100 million (around $136 million) into litigation financing for claims related to car finance mis-selling in the UK, anticipated to yield billions in returns. Investors will share 50% of the recovery proceeds from these claims.

Both offerings will be issued as tradable tokens on Bitfinex Securities’ secondary market and are implemented via the Liquid Network, a Bitcoin-based sidechain.

Jesse Knutson, the head of operations at Bitfinex Securities, expressed the firm’s philosophy towards bridging finance gaps for individuals and companies, especially those overlooked by traditional banks. He emphasized the importance of disintermediation within investment ecosystems, asserting that many processes do not require the conventional intermediaries traditionally involved.