Bitfinex Securities Launches First Tokenized Bond on Liquid Network

Jonathan Stoker Dec 21, 2023, 01:20am 138 views

Bitfinex Securities Launches First Tokenized Bond on Liquid Network

Bitfinex Securities Announces Successful Tokenized Bond Issuance

On Dec. 21, BitfinexBitfinex Securities Ltd, a company providing listing and trading services for security tokens, revealed a successful completion of a 5.2M USDT tokenized bond issuance. This achievement is a collaboration between the firm and Mikro Kapital, a microfinancing company operating a securitization fund named Alternative.

Details on the Tokenized Bond

Named ALT2612, the tokenized bond is denominated in USDT. It has a tenor of 36 months and offers a 10% coupon.

Protocol Village: The Tech behind Crypto

Protocol Village is a regular feature from The Protocol, which aims to delve into the fundamental technology behind cryptocurrency. The newsletter is dispatched every Wednesday to subscribers. Teams behind various projects can share their updates for inclusion. For previous editions of Protocol Village, interested individuals can find them online.

WalletConnect unveils New Future-oriented Roadmap

On Dec. 21, WalletConnect announced an ambitious new plan for the future. This roadmap outlines the creation of an open, decentralized and permissionless network. The team maintains this will enhance the performance of the WalletConnect Protocol and align more closely with Web3 principles.

Stages of the Roadmap

Various milestones on this roadmap will undergo testing, auditing and execution over the coming year. The goal is to formally launch an open, permissionless WalletConnect Network in 2025.

Edited by Jonathan Stoker

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