Tether's 'new era of capital raising' fails on Bitfinex bonds

THE ALT2611 tokenized Attached bind Since Bitfinex has only managed has increase 15% of It is target two weeks After throw.

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Bitfinex recently spear Attached (USDT) tokenized bind, greeted as A "new time For capital raised, " appears has to have failed has collect THE investment And interest THE farm planned.

Bitfinex Securities, A platform concentrate on SEO tokenized real world assets (RWA), announcement It is First of all tokenized bind In October, called ALT2611 Tokenized Bind, with THE product going live on Nov. 15.

However, After A two weeks offer period, only $1.5 million of A $10 million target has has been raised, according to has THE official website.

THE target of 100,000 ALT2611 value ten million USDT was together For two weeks After launch In THE announcement, but he appears has to have has been extended by another fifteen days as just 15,000 ALT2611, Or 15% of THE target has has been reached SO far.

Screenshot Since ALT2611 capital increase. Source: Bitfinex

ALT2611 East A 36 months ten% coupon bind wording In USDT And issued by Alternative, A Based in Luxembourg securitization funds, managed by Microphone Capital.

Tokenized obligations are digital representations of traditional obligations issued on THE blockchain, which provides several benefits on their traditional paper counterparts, such as liquidity, accessibility, security, transparency, And 24/7 commerce.

THE minimum initial purchase if...