Bitfinex Securities launches ALT2611 tokenized bonds, only raising 15% of the target amount during the fundraising period.
According to BlockBeats news on November 29th, Bitfinex Securities launched the ALT2611 tokenized bond on November 15th. However, after a two-week fundraising period, only $1.5 million was raised out of the targeted $10 million, which is 15% of the goal, as shown on the official website.
As previously reported by BlockBeats on October 25th, Bitfinex Securities collaborated with Mikro Kapital to launch the first tokenized bond for small-scale loans. The token can be traded on the Bitfinex Securities platform with a face value of 100 USDT, and the minimum initial purchase amount is 125,000 USDT. The first tokenized bond has a term of three years, an interest rate of 10%, and a total scale of 10 million USDT. There are plans to issue more in the future.