Bitfinex Securities will Issue Bitcoin Mining Note BMN2 in El Salvador

BlockBeats News, January 31st, according to Diario El Salvador, Bitfinex Securities Chief Operating Officer Jesse Knutson stated that the company plans to issue the Blockstream Mining Note 2 (BMN2) in El Salvador in the first quarter of this year.

BMN2 is a tokenized financial product that allows investors to receive Blockstream company's Bitcoin mining rewards through holding. The previously issued BMN1 in Luxembourg has paid investors over 1,212 BTC (approximately $70.68 million) over a three-year period, achieving a 108% return on investment. Compared to the Luxembourg version, the El Salvador-issued BMN2 will lower the investment threshold and no longer require a minimum investment of $100,000.