TechFlow reported, according to The Block, Bitfinex Securities will launch two new tokenized bonds on the Bitcoin sidechain Liquid Network, as part of an ongoing issuance program with Luxembourg-based microfinance group Mikro Kapital. The offering targets $10 million in USDT, with a minimum investment amount of $125,000.
The two bonds consist of an 11-month bond with a 10% coupon rate and a 36-month bond with a 13.5% coupon rate. The fundraising will commence on July 3 and conclude on July 31. Notably, Bitfinex Securities' first tokenized bond issuance on the Liquid Network in December 2023 raised over $5 million in USDT.
Liquid Network is designed specifically for asset issuance, including stablecoins and regulated security tokens, enabling issuers to create compliant offerings while allowing investors to self-custody, withdraw, and conduct peer-to-peer trading of securities. Bitfinex Securities stated that proceeds from this issuance will be used to invest in microfinance and shared economy projects, supporting small businesses and entrepreneurs in emerging markets.
Previous report, Bitfinex Securities launched tokenized debt issuance, issuing HILSV on Bitcoin sidechain Liquid Network.
