El Salvador's NextBridge has successfully closed a $30 million token sale of USTBL tokens, backed by US Treasury bills and facilitated through Bitfinex Securities. Each token represents a share of $200 million in US Treasury securities, built on the Bitcoin blockchain via the Liquid Network. While tradable now, redemptions start in March 2025. Overseen by El Salvador's National Commission for Digital Assets, this offering joins a competitive market with players like BlackRock and Franklin Templeton. Tokenized Treasurys, valued at $2.3 billion, offer enhanced liquidity and faster settlement, with potential expansion into other asset classes.