Bitfinex Securities listed five tokenized notes giving qualified non-US investors economic exposure to Bitcoin treasury companies Strategy, Japan-listed Metaplanet, Sweden’s H100 Group and France’s Capital B, including Strategy common stock via CMSTR and its variable-dividend preferred stock via STRCst, with coverage citing listing dates of September 1 and September 2, 2026. The notes, including Metaplanet-linked CMPTL backed by 100 shares per unit and issued through EQTWO, a compartment of Luxembourg fund ORO(II) managed by SICOS Securities, track share price moves without conferring direct ownership, voting rights or conventional shareholder status, and trade on the Liquid Network against US dollars, USDT and Bitcoin from about $1. The launch, described as the first secondary trading of such Bitcoin-treasury equity-linked products on a regulated tokenized securities exchange under El Salvador’s CNAD framework, follows a record $50 million Alkemya raise and lifts listed assets above $500 million across 12 products and 27 pairs. Strategy raised $333.7 million from MSTR sales between Aug. 10 and Aug. 16 but made no Bitcoin purchases during the period. During the same week, Strategy allocated $52.4 million to STRC dividends and spent another $132.2 million buying back about 1.39 million STRC shares. Its dollar reserve reached $4.80 billion, while its Bitcoin holdings remained at 840,447 BTC as of Aug. 16. Both companies face a separate question over their place in global equity benchmarks as an MSCI proposal could remove Strategy and Metaplanet from its Global Investable Market Indexes if the companies fail a proposed non-operating-company test. Bitfinex Securities plans to add a tokenized gold fund, private-credit notes financing Bitcoin mining operations and a tokenized U.S. money market fund.