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Bitfinex Securities Enters Bond Market With $84B-stablecoin USDt 4m ago by coinedition.com

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Bitfinex Securities launches ALT2611 tokenized bond in USDt with a 10% annual yield.

Mikro Kapital, a Luxembourg-based fund management company, will issue the bond.

Tether’s Paolo Ardoino hails the innovation as a new era in capital raises for deep liquid markets.

Leading digital asset broker Bitfinex Securities has recently announced the coming of a new tokenized bond, Alternative (ALT2611), denominated in the largest stablecoin, Tether USD (USDt). Bitfinex Securities proclaimed the development in a recent post on the X platform, noting that the countdown for the new tokenized bond has begun.

The countdown for a new tokenised bond has begun. ALT2611 is a 36-month, 10% coupon bond, denominated in $USDt and issued by one of the global leaders in micro-financing.

Click below to learn more:https://t.co/NhVzPxPN9j

— Bitfinex Securities (@BFXSecurities) October 24, 2023

According to the official notification, ALT2611 is a bond with a 36-month maturity term. The report noted it “primarily acquires risks connected to debt and equity of micro-financing companies, small financial institutions, leasing companies, banks.” Notably, Mikro Kapital, the securitizat…

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