Bitfinex Securities will launch two new types of tokenized bonds on the Liquid Network

ChainCatcher news, The Block reports that Bitfinex Securities will launch two new types of tokenized bonds on the Bitcoin sidechain Liquid Network, as part of an ongoing issuance plan with the Luxembourg microfinance group Mikro Kapital. The issuance aims for 10 million USDT, with a minimum investment of 125,000 USD.

The two bonds are an 11-month bond with a coupon rate of 10%, and a 36-month bond with a coupon rate of 13.5%. This financing will start on July 3 and end on July 31. It is reported that the first tokenized bonds issued by Bitfinex Securities on the Liquid Network raised over 5 million USDT in December 2023.

The Liquid Network is designed specifically for asset issuance, including stablecoins and regulated security token offerings, allowing issuers to create compliant offerings while enabling investors to self-custody, withdraw, and trade securities peer-to-peer. Bitfinex Securities stated that the proceeds from this issuance will be used to invest in microfinance and sharing economy projects to support small businesses and entrepreneurs in emerging markets.