Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

BTCS Weighs Bitcoin Allocation to CMCC Global’s Tokenized Fund

Picture: TokenPost

CMCC Global named BTCS S.A. an anchor investor for a potential Bitcoin (BTC) allocation to Liberty Bitcoin Accumulation Fund (LBAF), one of two existing CMCC Global funds whose interests are being offered through tokens. “Our Active Treasury model has one rule: the bitcoin on our balance sheet should earn more bitcoin,” BTCS CEO Marlena Lipińska said. Crest, launched in 2022, is denominated in U.S. dollars and seeks returns above U.S. Treasury bill yields. LBAF, launched in 2025, is denominated in BTC and targets net annualized returns of 8% to 12%, measured in BTC.

You are reading an excerpt. TokenPost wrote and owns the full article.

Continue reading at tokenpost.com

Related stories

More crypto news

All Crypto & Bitcoin