Education
Bitfinex Raises $5.2M via Tokenized Bond in Collaboration with Mikro Kapital
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.”
In October, Bitfinex Securities revealed its plans for ALT2611, praising it as a way to revolutionize capital acquisition
Acquisition
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant’s service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant’s service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Read this Term by
delving into the space of microfinance organizations, small financial
institutions, leasing companies, and banks along the historic Silk Road.
Ardoino lauded this initiative as a sign of a new
financial era. With a commitment to creating liquid markets, Bitfinex
Securities aims to facilitate trading blockchain-based bonds, stocks, and
investment funds.
Exciting!
This is the first bond listed on Bitfinex Securities. A new era for capital raises through deep liquid markets and stock/fond markets has begun.Furthermore $USDt will become the underlying denomination asset of this new financial ecosystem.
And yes. It leverages… https://t.co/ekXj3gY7Xj
— Paolo Ardoino 🍐 (@paoloardoino) October 25, 2023
Revolutionizing Capital Acquisition
Beyond traditional securities, Bitfinex Securities
allows companies to tokenize their goods, debt, and equity securities. This
advancement allows trading such products on exchanges using technology akin to
cryptocurrencies
Cryptocurrencies
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw
Read this Term, expanding the horizons of financial transactions.
ALT2611, initially priced at 100 USDT, requires a
minimum investment threshold of 125,000 USDT. It operates under the legal
framework of the Grand Duchy of Luxembourg.
Notably, ALT2611 will not be available to US
citizens or individuals within the US, the Bitfinex mentioned. Mikro Kapital
will issue 100,000 securitized tokens of ALT2611 to raise 10 million USDT,
paving the way for a new realm of investment opportunities.
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.”
In October, Bitfinex Securities revealed its plans for ALT2611, praising it as a way to revolutionize capital acquisition
Acquisition
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant’s service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant’s service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Read this Term by
delving into the space of microfinance organizations, small financial
institutions, leasing companies, and banks along the historic Silk Road.
Ardoino lauded this initiative as a sign of a new
financial era. With a commitment to creating liquid markets, Bitfinex
Securities aims to facilitate trading blockchain-based bonds, stocks, and
investment funds.
Exciting!
This is the first bond listed on Bitfinex Securities. A new era for capital raises through deep liquid markets and stock/fond markets has begun.Furthermore $USDt will become the underlying denomination asset of this new financial ecosystem.
And yes. It leverages… https://t.co/ekXj3gY7Xj
— Paolo Ardoino 🍐 (@paoloardoino) October 25, 2023
Revolutionizing Capital Acquisition
Beyond traditional securities, Bitfinex Securities
allows companies to tokenize their goods, debt, and equity securities. This
advancement allows trading such products on exchanges using technology akin to
cryptocurrencies
Cryptocurrencies
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw
By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw
Read this Term, expanding the horizons of financial transactions.
ALT2611, initially priced at 100 USDT, requires a
minimum investment threshold of 125,000 USDT. It operates under the legal
framework of the Grand Duchy of Luxembourg.
Notably, ALT2611 will not be available to US
citizens or individuals within the US, the Bitfinex mentioned. Mikro Kapital
will issue 100,000 securitized tokens of ALT2611 to raise 10 million USDT,
paving the way for a new realm of investment opportunities.
Expect ongoing updates as this story evolves…
#Bitfinex #Raises #5.2M #Tokenized #Bond #Collaboration #Mikro #Kapital
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