The tokenized bonds launched by Bitfinex raised only $1.5 million in two weeks

ChainCatcher news, according to Cointelegraph, the RWA securitization platform Bitfinex Securities launched its first USDT tokenized bond, named ALT2611, on November 15. This tokenized security aims to raise $10 million, but after two weeks of the fundraising period, it has only raised $1.5 million, so the fundraising period will be extended by another two weeks.

It is reported that ALT2611 is a 36-month 10% coupon bond priced in USDT, issued by the Luxembourg-based securitization fund Alternative and managed by Mikro Kapital. Bitfinex tokenized bonds are issued on the Bitcoin sidechain Liquid network. The minimum initial subscription size is 125,000 USDT, and the secondary market trading denomination is 100 USDT.