Bitfinex Securities launches two alternative financial products in the UK
Internet reports that Bitfinex Securities has issued two alternative financial products in the UK. One focuses on community bank debt and its product name is "TITAN1". The product will allocate 5 million pounds (US$6.8 million) to subordinated debt issued by Castle Community Bank, a company that provides loans to financially vulnerable customers in Edinburgh, Scotland; The other, which focuses on litigation related to auto finance claims for improper sales, is called "TITAN2" and will invest £ 100 million (US$136 million) in litigation financing related to misleading sales claims in the UK auto finance, a market that is expected to generate billions of dollars in damages.
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