This article is a press release written and provided by NexBridge, and the views and opinions expressed are not related to Blocktempo.
The digital asset issuer NexBridge, which focuses on the tokenization of financial assets, has announced that its Bitcoin-based tokenized U.S. Treasury Bond product, USTBL, has successfully reached its initial $30 million Soft Cap fundraising target. This milestone not only highlights the growing global demand for the application of Blockchain technology in traditional finance, but also underscores NexBridge's commitment to bringing secure and innovative financial instruments to the market.
NexBridge has established a new standard for tokenized finance by leveraging the Bitcoin's second-layer protocol Liquid Network and Blockstream's asset management platform (AMP), with the infrastructure provided by Bitfinex Securities. USTBL combines the stable returns of U.S. Treasuries with the efficiency of Blockchain technology, offering a simple and secure way for global investors to participate. These partnerships further strengthen NexBridge's mission to make financial instruments more accessible and approachable for global investors.
Deep Integration of Finance and Blockchain Technology
"This achievement is not just a financial success, but also reflects NexBridge's vision and execution," said NexBridge Founder Michele Crivelli.
"Our early results demonstrate the market's demand for secure tokenized assets, and with Blockstream's infrastructure and the support of the Bitfinex Securities platform, we are building a Blockchain-based financial ecosystem that provides a new choice for portfolio diversification. This is just the first step in realizing our transformative vision."
USTBL combines the stability of U.S. Treasuries with the efficiency of the Bitcoin Liquid Network, which currently carries over $2 billion in real-world assets (RWA), offering a new way for global investors to participate in government bond returns. Additionally, the USTBL product will open an additional subscription window starting December 15th, with two-day openings every two weeks, ensuring that investors have ongoing opportunities to participate even after the initial fundraising round is completed.
Pioneering Steps in Global Financial Inclusion
"This achievement further demonstrates NexBridge's commitment to redefining the accessibility of traditional financial instruments," said NexBridge CEO Nicolas Cane.
"By bridging Blockchain technology and government-backed securities, we provide a transparent, efficient, and secure solution for global investors. Our focus has always been on creating long-term value and driving the mainstream adoption of tokenized finance."
Bitfinex Securities Chief Operating Officer Jesse Knutson said:
"The launch of USTBL marks another important milestone in the modernization of El Salvador's capital markets. This is not only the first product issued on Bitcoin technology, but it also opens the door to high-quality investment opportunities for investors in El Salvador, Latin America, and globally."
Further Reading: Unveiling the Key Promoter of El Salvador's Bitcoin Policy: Bitfinex Securities COO Jesse Knutson
The successful launch of USTBL represents the accelerating integration of Blockchain technology into traditional financial markets, providing investors with a new avenue to access secure and stable returns.
About NexBridge
NexBridge™ is a digital asset issuer focused on the tokenization of financial assets, with a product range covering listed securities, private funds, and specialized financial instruments. As a Digital Asset Service Provider (DASP), NexBridge provides end-to-end support for issuers, from strategic analysis to administrative management, to help them succeed in the digital finance space. The company is committed to security, transparency, and compliance, and is dedicated to bringing traditional financial assets to the global market through Blockchain technology.
To learn more about USTBL and NexBridge, please visit the issuer's website ustbl.io and the company's official website nexbridge.io.
About Blockstream
Blockstream, founded in 2014, is a global leader in Bitcoin and Blockchain infrastructure, with a team spanning the world. As the technology provider for the Liquid Network, Blockstream offers a sidechain solution that enables secure, trustless Bitcoin exchange settlement and powerful smart contract functionality, helping financial institutions efficiently tokenize assets.
Blockstream's Core Lightning is the leading open-source implementation of the Lightning Network protocol, widely used in enterprise-grade Bitcoin Lightning Network deployments. The company's Blockstream Jade is an open-source hardware wallet that provides advanced security for Bitcoin and Liquid assets, while being user-friendly. For individual users, Blockstream Green is a highly secure and user-friendly Bitcoin wallet.
About Bitfinex Securities
Established in 2021, Bitfinex Securities is dedicated to leveraging the technological innovations of the digital asset industry to transform the global capital markets. The platform offers real-time settlement, 24/7 year-round trading capabilities, global liquidity access, and support for self-custodied assets, aiming to create a more efficient, cost-effective, and seamless interaction between investors and issuers. Bitfinex Securities is regulated in Kazakhstan and El Salvador, providing users with a trusted trading environment.
