Bitfinex Securities has successfully raised $5.2 million through one of the world’s first tokenized bonds. The bond, issued by Alternative, a securitization fund under microfinancing platform Mikro Kapital, was denominated in Tether (USDT) and issued on the Liquid Network. The tokenized bond, named ALT2612, has a 36-month tenor and offers a 10% coupon.

This achievement is seen as a significant step towards integrating USDt in the microfinancing industry. Paolo Adoino, CEO of Tether and CTO of Bitfinex Securities, emphasized the importance of bridging the gap between traditional and crypto investors and educating them about the benefits of high-quality securities and tokenization. Mikro Kapital’s role in this endeavor is considered indispensable.

Mikro Kapital and Bitfinex Securities have recently formed a partnership to explore asset tokenization and promote the adoption of Tether stablecoins (USDT and EURT) in the microfinance industry. Vincenzo Trani, President and founder of Mikro Kapital, expressed excitement about being pioneers in bringing cryptocurrency to the world of microfinance, enabling them to respond efficiently to the needs of small entrepreneurs.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Europe
Countries
Sentiment	very positive
Relevance Score	1
People	Vincenzo Trani, Paolo Adoino
Companies	Alternative, Bitfinex Securities, Mikro Kapital, Liquid Network, Tether
Currencies	Tether, Bitcoin, Euro Tether
Securities	None