Bitfinex Securities has completed a $50 million tokenized capital raise for metals company Alkemya. The funding figure sets a new all-time high on the platform, surpassing its previous $30 million ceiling from the USTBL issuance.
Through its debut project dubbed ALKN, Alkemya is digitizing limited partnership interests in Luxembourg-based Alkemya Metacore SCSp. Backing the value, the company has pledged an inventory of 7 million meters of 99.99% pure nickel wire.
The physical metal stored in Alkemya’s warehouse carries an independent valuation of $1.64 billion. ALKN token investors receive digital fractional partnership ownership rights rather than direct redemption claims on the physical nickel wire spools.
The $50 million proceeds from the ALKN issuance will fund the commercialization of engineered nickel derivative products. The operating budget covers production costs for specialized material supplies catering to the semiconductor industry.
Restricting Secondary Market Access
The ALKN tokenized offering remains open to qualified investors until October 15, 2026, through subsequent tranche issuances.
For early buyers, secondary trading of ALKN tokens is not yet available. Bitfinex Securities is holding off on opening secondary market channels at least until the additional fundraising phases are fully closed.
The Alkemya nickel funding round brings Bitfinex Securities’ track record to 7 completed capital raises and 16 listed assets. The entity operates under El Salvador’s Digital Assets Law license (PSAD-0001), issued on October 24, 2023.
Expanding Beyond Gold and Debt Securities
Alkemya’s move to bring nickel onto the blockchain underscores an evolving shift in real-world asset (RWA) tokenization. Minting digital assets backed by physical commodities is expanding beyond the early dominance of gold and government debt instruments.
Cumulative data indicates that tokenized commodities and equities crossed $7 billion as of April 2026. The valuation of this emerging RWA category surged nearly 600% compared to early 2025 levels.
Physical commodity-backed tokens are increasingly utilized as active onchain collateral, with holders frequently deploying them across centralized exchanges and DeFi protocols.
Reported by crypto.news.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
