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Cryptoknowmics 2023-11-29 05:49:06

Bitfinex Bond, Tether’s Capital Raise Stumbles

Bitfinex’s highly anticipated ALT2611 tokenized Tether bond, heralded as a revolutionary approach to capital raises, has fallen short of expectations, managing to secure only 15% of its $10 million target two weeks after its November 15 launch. The bond, denominated in USDT, aimed to raise funds through the issuance of 100,000 ALT2611 tokens, with a … Continue reading "Bitfinex Bond, Tether’s Capital Raise Stumbles" The post Bitfinex Bond, Tether’s Capital Raise Stumbles appeared first on Cryptoknowmics-Crypto News and Media Platform .

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