November 15 Bitfinex Securities announces the launch of the bond token ALT2611 now
In media releases
Astana, Kazakhstan, November 15, 2023 – Bitfinex Securities Ltd announces the commencement of a capital raising for ALT2611, marking the offering of one of the world's leading tokenized bonds.
ALT2611, a 36-month 10% coupon bond denominated in US dollars, is issued by Alternative, a Luxembourg-based securitization fund, managed by Mikro Kapital. Quarterly coupon payments will be made in US dollars. The minimum initial purchase size was set at US$125,000, with the secondary market trading in US$100 denominations.
These tokenized bonds are issued on the Liquid Network, a sidechain of Bitcoin that aims to enable fast, compatible and confidential settlement and issuance of digital assets and tokenized securities.
Mikro Kapital's broad and diversified loan portfolio currently supports 300,000 beneficiaries in 14 countries, with a total of approximately EUR 1.14 billion. It is worth noting that 40% of the beneficiaries are female entrepreneurs in local and rural communities.
The capital raising is scheduled to last for two weeks, starting on November 15, 2023. To learn more about ALT2611 or to participate in this offering, please visit the capital raising page.
Find out more about Bitfinex Securities Ltd by visiting our official website: https://www.bitfinex.com/legal/securities/terms
For more information about Bitfinex Securities, please visit our website at https://www.bitfinex.com/securities.
About Bitfinex Securities
Bitfinex Securities, with entities registered and licensed in the AIFC and El Salvador, offers investors and issuers a regulated, efficient and global solution for tokenized securities issuances and trading on the secondary market. Bitfinex Securities was the first global digital asset platform licensed and registered with the AIFC and was also the first platform licensed under El Salvador's new digital asset regime.
About Micro Capital
Micro Capital, founded in Luxembourg in 2008, focuses on impact finance and microfinance, and manages securitization funds in Luxembourg that offer investments in low-risk, creditworthy small and medium-sized enterprises in emerging countries.
Bitfinex media contact
Media contact for Mikro Kapital