Bitcoin

Bitfinex Securities announces ALT2611 Tokenized Bond Now Live 

1 Mins read

Bitfinex Securities announces ALT2611 Tokenized Bond Now Live 

ASTANA, Kazakhstan, November 15 2023 – Bitfinex Securities Ltd announces the commencement of the capital raise for ALT2611, marking the introduction of one of the world’s pioneering tokenized bonds.

ALT2611, a 36-month, 10% coupon bond denominated in USDt, is issued by Alternative, a Luxembourg-based securitization fund, managed by Mikro Kapital. Quarterly coupon payments will be made in USDt. The minimum initial purchase size is set at 125,000 USDt, with secondary market trading in denominations of 100 USDt.

This tokenized bond is issued on the Liquid Network, a side chain of Bitcoin that aims to enable fast, compliant, confidential settlement, and issuance of digital assets and tokenized securities.

Mikro Kapital’s vast and diversified loan portfolio currently supports 300,000 recipients in 14 countries, totaling approximately €1.14 billion. Notably, 40% of the beneficiaries are women entrepreneurs in local and rural communities.

The capital raise is set to run for two weeks, starting on November 15th, 2023. To learn more about ALT2611 or to subscribe to this offering, please visit the capital raise page.

https://capital.bitfinex.com/alt2611

Discover more about Bitfinex Securities Ltd by visiting our official website: https://www.bitfinex.com/legal/securities/terms

For more information about Bitfinex Securities, please visit our website at https://www.bitfinex.com/securities.

About Bitfinex Securities

Bitfinex Securities, with entities registered and licensed in the AIFC and El Salvador, offers investors and issuers a regulated, efficient, and global solution for tokenized security issuances and secondary market trading. Bitfinex Securities was the first global digital asset platform licensed and registered in the AIFC and was also the first to be licensed under El Salvador’s new Digital Asset regime.

About Mikro Kapital

Mikro Kapital, established in Luxembourg in 2008, focuses on impact finance and microfinance, and operates Luxembourg securitization funds that offer investments in low-risk, creditworthy small and medium-sized enterprises in emerging countries.

Media contact for Bitfinex

[email protected]

Media contact for Mikro Kapital

[email protected]


Source link

Related posts
Bitcoin

Bitcoin Crashes As Whale Exchange Inflows Exceed $3 Billion

2 Mins read
Bitcoin has observed a sharp retrace to $95,000 in the past day as on-chain data shows whales have been busy depositing to…
Bitcoin

Who Profited During Bitcoin’s $100,000 Surge? Analyst Breaks Down the Data

2 Mins read
Bitcoin ongoing price movement has sparked intense analysis as it continues to hover below the $100,000 mark. Despite reaching an all-time high…
Bitcoin

Citi Predicts Crypto Surge in 2025, Driven by Trump Policies and ETF Inflows

1 Mins read
Citi analysts forecast strong crypto growth in 2025, driven by Trump’s policies, rising ETF inflows, and stablecoin innovation, signaling a bullish outlook…

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *