The tokenized funds shall be arrange and issued beneath Kazakhstan’s monetary providers regulation, beneath regulatory oversight of Astana Monetary Companies Authority (AFSA), the place SkyBridge and Bitfinex are licensed to function. Bitfinex Securities is liable for the tokenization course of, whereas SkyBridge will act as dealer and supervisor of the tokenized fund. The merchandise shall be obtainable to retail customers, however with sure geographic limitations, and obtainable to be bought with Tether’s stablecoin (USDT).