Bitfinex announcement -
September 16, 2016
Today we are happy to release details regarding two opportunities for holders of BFX tokens to convert them into a beneficial interest in iFinex Inc.
Our partnership with BnkToTheFuture facilitates the creation of a Special Purpose Vehicle (SPV) which enables qualified Bitfinex users to exchange their BFX tokens into beneficial interests in iFinex at a value of $1 USD per BFX token.
The full pitch provides a background of the company, a summary of the events on August 2nd and our subsequent efforts to compensate users, and--of course--financial data on the company and terms of the investment. We also go over the challenges the company will face in restoring our position in the market, our plans for accomplishing that target, as well as our long terms goals. Please note that some sections of the pitch such as financials are only available once BnkToTheFuture qualifies your account.
In the next few days, we will be finalizing a technical integration with BnkToTheFuture enabling a seamless BFX Token conversion workflow. In the meantime, please see the BnkToTheFuture pitch for full details and terms. After creating a BnkToTheFuture account and qualifying, users can ask any questions they may have using the Forum section of the pitch.
BFXTrust is an SPV being formed by Alistair Milne to allow certain verified, non-US Bitfinex users the ability to convert BFX to equity in iFinex in a similar manner to BnkToTheFuture. We will be publishing more details about our partnership with BFX Trust in the coming days. You can read more about the project on their site, where you can take the first step by indicating your interest.
More details found on this site and bnktothefuture
Logged into my bnkofthefuture account and here is the pitch.