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Bitfinex Securities will List Tokenized Bond ALT2611 in November

Bitfinex Securities will List Tokenized Bond ALT2611 in November

In November, Bitfinex Securities will list the tokenized bond ALT2611

Bitfinex Securities will list its tokenized bond, ALT2611, in November for the first time. This was a 36-month bond denominated in Tether USDT and issued by Mikro Kapital. This involves threats associated with microfinance organisations and institutions in various countries, including along the Silk Road trade route. CTO of Bitfinex Paolo Ardoino views this as a transformative step in capital raising through liquid markets. Bitfinex Securities permits businesses to list tokenized securities on public exchanges. This includes blockchain-based bonds, stocks, and investment funds. ALT2611 will start trading at 100 USDT per token, with a minimum investment of 125,000 USDT. This will provide a three-year maturity period, governed by Luxembourg law.

By: Gunjan Sahu
26-Oct-2023

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