Alkemya Metacore Secures $50 Million in Pre-Launch Tokenised Equity Raise
Key Takeaways
- •Alkemya Metacore completed a pre-launch capital raise of USD 50 million before the token listing.
- •The company is offering additional ALKN tokens at USD 1.0 each on Bitfinex Securities through Hanover Square Capital.
- •Alkemya says it owns about 7 million metres of 99.99% ultra-pure nickel wire valued at approximately USD 1.64 billion.
- •The funds will help finance the commercialisation of the wire into engineered mesh products for seven target sectors.
- •ALKN tokens are intended to trade across three regulated exchanges and are limited to qualified, institutional, and professional investors in the stated jurisdictions.

London, Sept. 1, 2026, Chainwire — Alkemya Metacore SCSp has secured an initial USD 50 million investment ahead of the listing of its tokenised equity nickel offering.
Alkemya Luxembourg S.à.r.l. (“Alkemya”), the sponsor, said Alkemya Metacore SCSp has completed the pre-launch capital raise for its precision industrial nickel wire business backed by Class 1 nickel wire. The company is also announcing the sale of additional ALKN tokens in a new tranche at USD 1.0 per token.
The offer is being arranged by Hanover Square Capital (UK) Ltd and will take place on Bitfinex Securities. It is available to institutional and professional investors and is scheduled to close on Oct. 15, 2026.
Alkemya Metacore SCSp (“Alkemya Metacore”) is a special limited partnership based in Luxembourg and registered as an issuer with CNAD, the National Commission of Digital Assets in El Salvador.
The company describes itself as a Luxembourg-based investment and operating platform focused on the industrial development, commercialisation and financial structuring of high-technology metals. It said it owns approximately 7 million metres of 99.99% ultra-pure nickel wire with a diameter of 0.025 mm, independently verified and valued at approximately USD 1.64 billion. The asset is held in institutional custody in Lugano, Switzerland.
Alkemya said it will use part of the initial capital raise, together with additional funds raised in later tranches, as working capital in Alkemya Metacore to support its commercialisation strategy. That strategy involves transforming its ultra-pure wire into engineered mesh products for seven sectors: EMI shielding, aerospace and defence, marine and desalination, power and industrials, semiconductors, green hydrogen, and rare and precious metals recovery.
The company said the successful capital raise before the secondary market listing is a major milestone for the offering and reflects confidence in the underlying exposure to high-purity nickel and the structure of the issue. It added that the token offers investors both an asset-backed investment and a thematic exposure to energy transition and electronic security technologies.
Listing the token on Bitfinex Securities will allow Alkemya to use tokenisation to reach a wider pool of global investors and participate in a regulated 24/7 trading venue, the company said. The tokens are intended to provide long-term investment value linked to real-world applications and technology.
Cash distributions will follow a waterfall structure that first returns investor capital in full, then provides cumulative distributions equal to a 6% per annum compound interest calculated annually — described as the preferred return — on investor capital outstanding from the date of payment until final repayment of the invested capital. After that, there will be an additional 80/20 profit split with a carry partner in favour of token holders from the commercial business.
Carlo Guido Della Peruta, Manager of the General Partner of Alkemya Metacore, said: “Securing this initial investment is a significant milestone for Alkemya and validates both the quality of our asset and the strength of our commercialisation strategy. We chose to list on Bitfinex Securities because tokenisation offers us access to a genuinely global investor base within a regulated framework, and because it reflects the innovative approach we are taking across all aspects of our business. This raise will allow us to begin transforming our nickel wire asset into high-value engineered products serving some of the fastest-growing sectors in the global economy, and we look forward to welcoming further investors as the listing progresses.”
Jesse Knutson, Head of Operations at Bitfinex Securities, said: “Bitfinex Securities exists to connect exciting investment opportunities with a broader and deeper investor base, giving more people access to investments that were previously out of reach and giving businesses access to a wider pool of capital. Alkemya Metacore will represent yet another example of how we’re using blockchain technology to bring previously inaccessible asset classes to market within stringent regulatory guardrails, and Alkemya’s initial $50 million capital raise is a sign of appetite for this exciting opportunity.”
Arvinder Sood, CEO and Director at Hanover Square Capital (UK) Ltd, said: “Hanover Square Capital is delighted to announce this transaction in collaboration with Bitfinex Securities and its successful pre-launch close of USD 50 million investment, which not only underscores the evolving direction of global capital markets but also establishes a compelling foundation for a groundbreaking transaction with the launch of ALKN tokens. This milestone reflects a broader structural shift in how financial assets are created, accessed, and exchanged, as traditional frameworks increasingly converge with digital innovation. By embracing tokenised equity, the transaction highlights a more efficient, transparent, and accessible model for capital formation, one that is better aligned with the demands of modern investors and issuers alike, with the capacity to trade on a peer-to-peer basis. Hanover Square Capital believes that this transaction not only validates that trajectory but also signals the growing importance of blockchain-enabled solutions in redefining how assets are issued, managed, and traded on a global scale.”
Bitfinex Securities said it provides a regulated venue for the issuance and trading of tokenised securities, combining blockchain technology with regulated market access for issuers and eligible investors.
The offering was advised by CMS DeBacker in Luxembourg on Luxembourg law aspects, Dentons El Salvador on El Salvador law aspects, Foley and Lardner in the US on US law aspects, and CNPLaw LLP in Singapore on Singapore law aspects. Winston Taylor acted for Bitfinex Securities. The Edison Group advised on investor relations and issued a pre-IPO research note.
The ALKN tokens will be available for trading across three regulated exchanges: Bitfinex Securities, AGX, operated by LabyrinthX Technologies Pte Ltd, a company in the Hydra X group, and Archax Ltd. HydraX Digital Assets Pte. Ltd. is the custodian and distribution partner in Asia, while Archax serves a similar role in the UK. Scytale, the technology firm, is providing onboarding technology services for compliance to Alkemya Metacore under Luxembourg and EU law.
About Hanover Square Capital
Hanover Square Capital (UK) Ltd (“HSC”) is an independent, regulated advisory firm headquartered in London. It has a small team of finance professionals and provides strategic advice across areas including energy transition and climate-related solutions, public and private debt and equity placements, bank financing, project finance and commodity finance, as well as advisory services on financial investments.
HSC says it has sector expertise spanning environment-related projects, infrastructure development, next-generation technologies with applications to electromagnetic shielding and efficient green energy production, with an emphasis on sustainability and the global energy transition.
As a member of the UK Sustainable Investment and Finance Association (UKSIF), the firm says it is aligned with sustainability practices. Its client base includes large and mid-cap corporations, government and state agencies, selected institutional investors and professional investors. HSC is supported by Hanover Square Investments Pte. Ltd., based in Singapore.
About Bitfinex Securities
Bitfinex Securities provides a regulated platform for the issuance, listing and trading of tokenised securities. Licensed in El Salvador and Kazakhstan, the platform gives issuers and eligible investors access to digital securities markets within established regulatory frameworks.
The platform supports capital raising and secondary market trading for tokenised securities, including opportunities linked to real-world assets. Bitfinex Securities says it aims to make capital formation more efficient, transparent and accessible for issuers and investors by combining market infrastructure, technology and regulatory oversight.
Media Contact:
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Jonathan Batchelor
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Disclaimer: No offering is being made in the European Union or the European Economic Area, and no retail investors within the meaning of Directive 2014/65/EU (as amended, “MiFID II”) will be admitted as purchasers of the ALKN Tokens. The ALKN Tokens are also exempt from the obligation to publish a prospectus for offers to the public under Regulation (EU) 2017/1129, as amended, because the offering will only be addressed to qualified investors in the EEA/EU. The offering is limited to institutional investors in Singapore. This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any of the ALKN Tokens in any jurisdiction in which such offer, solicitation or sale would be unlawful. These securities have not been and will not be registered under the US Securities Act of 1933, as amended, the securities laws of any U.S. state or the securities laws of any other jurisdiction outside El Salvador, nor is such registration contemplated. The ALKN Tokens will only be offered and sold outside the United States, as defined in Regulation S under the Securities Act, in offshore transactions pursuant to Rule 903 or Rule 904 of Regulation S and in accordance with any other applicable securities laws where such offers and sales are made. The ALKN Tokens have not been and will not be offered or sold within the United States.
Forward-Looking Statements: Information outlined in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document, and Alkemya Metacore and Alkemya disclaim any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.
Notice: None of Bitfinex Securities, Archax Ltd or the Hydra X group accepts responsibility for the adequacy or accuracy of this news release.
Since this offering is not targeting US investors under Regulation S and is not targeting EU retail investors under MiFID II or non-institutional investors in Singapore, this announcement is not intended for US investors, retail investors in the EU or non-institutional investors in Singapore. US investors, EU retail investors and non-institutional investors in Singapore are considered prohibited investors under the ALKN Token offering.