As the cryptocurrency market continues to evolve, Bitfinex Securities, the digital asset services arm of the renowned crypto exchange, is making headlines with its latest initiative. The company has announced the launch of two new tokenized bonds on the Liquid Network, a Bitcoin sidechain designed for asset issuance and trading.
Innovative Financing Solutions for Microfinance
Bitfinex Securities’ latest bond offerings are part of an ongoing collaboration with Mikro Kapital, a Luxembourg-based microfinance group. The program features an 11-month bond with a 10% coupon rate and a 36-month bond with a 13.5% coupon rate, targeting up to $10 million in USDT with a minimum investment of $125,000.
“By leveraging the Liquid Network, we are introducing innovative financial solutions that merge the strengths of traditional and crypto investments,” said Jesse Knutson, Head of Operations at Bitfinex Securities. “We are thrilled to continue our ongoing collaboration with Mikro Kapital and support them in bringing new forms of financing to the microfinancing sector through this latest tokenized bond issuance.”
Leveraging the Power of Liquid Network
The Liquid Network, a Bitcoin sidechain, is designed specifically for issuing assets, including stablecoins and regulated security token offerings. This enables issuers to create compliant issuances while allowing investors to self-custody, withdraw, and trade securities peer-to-peer.
- Bitfinex Securities’ previous tokenized bond issuance on the Liquid Network, also in collaboration with Mikro Kapital, raised more than $5 million in USDT in December 2023.
- The proceeds from the latest issue will be used to invest in microfinance and sharing economy projects, supporting small businesses and entrepreneurs in emerging markets.
Bitfinex Securities’ Expanding Footprint
Bitfinex Securities has been actively expanding its digital asset services, recently launching operations in El Salvador in January and unveiling a $6.25 million tokenized debt issue for an El Salvador airport Hampton by Hilton hotel complex in April.
As the cryptocurrency space continues to evolve, Bitfinex Securities’ latest tokenized bond offerings on the Liquid Network demonstrate the company’s commitment to developing innovative financial solutions that bridge the traditional and crypto investment landscapes.
