There is an important move from Bitfinex Securitie, a leading platform for listing and trading security tokens in the cryptocurrency world. Accordingly, it announced the signing of a groundbreaking Memorandum of Understanding (MOU) with Micro Capital, a Luxembourg-based impact finance and microfinance group. This collaboration aims to explore innovative projects involving tokenized debt securities. It also aims to evaluate the use of USD-backed Tether tokens (USDt) and Euro-backed Tether tokens (EURt) for capital raising and microfinancing.
Strengthening cryptocurrencies and microfinance with tokenization
Micro Capital serves more than 300,000 borrowers in 14 countries. It also has a highly diversified loan portfolio with a total value of approximately €1.35 billion. It is noteworthy that 40% of these debtors are women. It also consists of entrepreneurs engaged in service and agricultural businesses, especially in local rural communities. The MOU lays the groundwork to explore how tokenized, low-intermediation and volatility digital assets can encourage greater investment in microfinance initiatives. Accordingly, the move involves a new development for the crypto world.
Bitfinex Securities is a platform licensed by the Astana Financial Services Authority within the FinTech Lab. It is also a major platform specializing in the listing and trading of tokenized securities. Paolo Ardoino, CTO of Bitfinex Securities, makes a statement on the subject. He points out that the global microfinance market is in line with strong growth forecasts. It also highlights the potential of tokenized securities and microfinance solutions in emerging markets. These potentials emerge especially with the cryptocurrency world.
Enabling digital transformation
Bitfinex Securities Operations Manager Jesse Knutson makes a statement on the subject. Accordingly, it underlines the demand for returns in the cryptocurrency sector. Tokenized bonds with well-defined issuer obligations and investor rights are attracting attention. It combines attractive returns with a much lower risk profile than previously existed in the digital asset sector. Thus, it provides an attractive offer.
A visionary partnership
Micro Capital President Vincenzo Trani also makes a statement. He points out that this cooperation is important to create new investment opportunities. He also sees it as a very important milestone that will benefit from cryptos and blockchain technology and digitalization. The partnership demonstrates both companies’ commitment to developing innovative financial solutions and advancing the microfinance sector towards a more inclusive and technology-driven future.
This strategic alliance between Bitfinex Securities and Micro Capital is very important. Because it reflects their shared commitment to innovation and collaborative growth in the microfinance sector. Together, they open the doors to a more accessible and dynamic microfinance environment. On the other hand, when we look at cryptokoin.com, they aim to offer new forms of financing. All of this points to the role of the cryptocurrency industry in shaping finance.
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