- Mikro Kapital is issuing a tokenized bond (ALT2611) on Blockstream’s Liquid network, denominated in USDT with a 10% coupon rate and 3 year maturity
- The bond proceeds will fund micro-financing enterprises and small institutions, primarily in underserved regions like Italy, Romania, Moldova and the Silk Road
- The minimum investment is 125,000 USDT; distribution in a week after closing. Governed by Luxembourg law and not available to U.S. investors. Mikro Kapital focuses on responsible lending.
Bitfinex Securities has announced an innovative new offering – a tokenized bond denominated in Tether’s USDT stablecoin. This marks a major milestone in leveraging blockchain technology to raise capital through liquid digital markets.
Introducing the ALT2611 Bond
The ALT2611 bond is a 36-month offering with a 10% coupon rate, denominated in USDT. It will be issued on Blockstream‘s Liquid sidechain settlement network. The bond has been floated by a global leader in micro-financing.
Engaging an Underserved Market
The proceeds from the ALT2611 bond will primarily go towards acquiring risks linked to the debt and equity of micro-financing enterprises, small financial institutions, and similar entities. The target market operates largely in Italy, Romania, Moldova, and along the Silk Road – regions underserved by traditional finance.
The minimum investment amount is set at 125,000 USDT. Distribution will occur within a week of the capital raise closing. The bond matures three years after issuance and offers a 10% annual yield with quarterly coupon payouts. It will be governed by Luxembourg law.
Issuer Committed to Responsible Lending
The issuer, Mikro Kapital, focuses on impact investing and expanding capital access to SMEs in emerging nations. Its lending methodology emphasizes financial inclusion through responsible practices.
The ALT2611 bond is not available to U.S. investors.