Bitfinex Securities is a platform focused on listing real-world tokenized securities and has announced that its first tokenized bond will go live in November. The new tokenized bond, named ALT2611, is a 36-month term, 10% coupon bond priced in Tether and issued by global micro-credit company Mikro Kapital.

Bitfinex Securities stated that the tokenized bond ALT2611 will bear the risk related to the debt and equity of small credit organizations, small financial institutions, leasing companies, and banks in Italy, Romania, Moldova, and other developing countries along the Silk Road. This is connected to the historical network of the Eurasian trade route that links Europe, the Middle East, and Asia.

The Bitfinex Securities platform aims to help issuers of tokenized securities who want to list on public exchanges to raise funds. The platform offers a range of financial tools, particularly blockchain-based bonds and stocks, as well as investment funds. Companies can use Bitfinex Securities to list their tokenized securities directly on exchanges or facilitate security trading through financing platforms. Companies can also tokenize their goods (such as debt and equity securities), allowing their products to be traded between exchanges and wallets using technology similar to or the same as cryptocurrency.