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Bitfinex's Tokenized Bond Misses Target, USDT Dominance Dreams Dashed

Bitfinex's Tokenized Bond Misses Target, USDT Dominance Dreams Dashed

Tokenized Bond by Bitfinex Faces Dull Investor Response

Bitfinex much-anticipated Tether tokenized bond, aimed to raise $10 million, falls short with only $1.5 million raised after an extended two-week period. 

The ALT2611 bond, praised for its potential in revolutionising capital raises, struggles to attract interest. Despite hopes for USDT dominance in financial markets, investor enthusiasm appears limited.

By: Gunjan Sahu
29-Nov-2023

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