Tether’s ‘new era for capital raises’ Bitfinex bond flops By Cointelegraph

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Bitfinex’s recently launched (USDT) tokenized bond, hailed as a “new era for capital raises,” appears to have failed to garner the investment and interest the firm anticipated.

Bitfinex Securities, a platform focused on listing tokenized real-world assets (RWA), announced its first tokenized bond in October, called ALT2611 Tokenized Bond, with the product going live on Nov. 15.

Screenshot from ALT2611 capital raise. Source: Bitfinex