Issuers only looking to find a broader market for their tokenised securities can do so through a direct listing process. Your listed shares are fungible, meaning they can be transferred to approved parties and venues.
How to get listed at Bitfinex Securities
To get listed at Bitfinex Securities, you will be required to meet the financial and corporate conditions highlighted below:
- Must be duly incorporated or otherwise validly established
- Must provide published or filed audited financial statements covering a period of 3 years and cover a period within 18 months of listing
- For equity securities, at least one year must be in net profit
- Must show its business is suitable for listing
- Must show its directors and management are fit and proper
- Must be able to operate business independently of a controlling shareholder
- Must ensure conflicts of interest are eliminated or managed as well as ensure good corporate governance
- Must be duly authorised to issue valid and transferable tokens
- Must have an appropriate market capitalisation of at least:
- USD 1,000,000 for equity securities
- USD 500,000 for debentures or debt
- Must offer a whole class of securities for listing
- Must have appropriate arrangements for settlement and clearing of trading
- Must ensure the total of all issued warrants to subscribe for shares does not exceed twenty per cent of the issued share capital
Please refer to the Bitfinex Securities Listing Rules to find a comprehensive list of requirements for listing on Bitfinex Securities.
If you would like to get listed through the direct listing or you have any questions about Bitfinex Securities, please feel free to contact Bitfinex Support.