Bitfinex Securities Ltd. has raised over $5.2
million USDt through its tokenised bond ALT2612. This was facilitated by ALTERNATIVE,
a Luxembourg-based securitization fund managed by microfinancing leader Mikro
Kapital, the company noted in a statement today(Wednesday).
ALT2612 is a bond issued on Liquid Network, a
Bitcoin blockchain side-chain tailored for regulated security token offerings.
Bitfinex Securities, in collaboration with Mikro Kapital, has praised this
achievement as a joint commitment to innovation within the microfinancing
sector.
Paolo Adoino, the CEO of Tether and CTO of Bitfinex
Securities, mentioned: “This proof of concept is more than just
fundraising; it’s a significant stride towards integrating USDt in the
microfinancing industry.
“Our ongoing challenge is to bridge the gap
between traditional and crypto investors, educating them about the mutual
benefits of high-quality securities and tokenization. Mikro Kapital’s role in
this endeavor is indispensable.”
Expect ongoing updates as this story evolves…
Bitfinex Securities Ltd. has raised over $5.2
million USDt through its tokenised bond ALT2612. This was facilitated by ALTERNATIVE,
a Luxembourg-based securitization fund managed by microfinancing leader Mikro
Kapital, the company noted in a statement today(Wednesday).
ALT2612 is a bond issued on Liquid Network, a
Bitcoin blockchain side-chain tailored for regulated security token offerings.
Bitfinex Securities, in collaboration with Mikro Kapital, has praised this
achievement as a joint commitment to innovation within the microfinancing
sector.
Paolo Adoino, the CEO of Tether and CTO of Bitfinex
Securities, mentioned: “This proof of concept is more than just
fundraising; it’s a significant stride towards integrating USDt in the
microfinancing industry.
“Our ongoing challenge is to bridge the gap
between traditional and crypto investors, educating them about the mutual
benefits of high-quality securities and tokenization. Mikro Kapital’s role in
this endeavor is indispensable.”
Expect ongoing updates as this story evolves…
