The Salvadoran financial platform NextBridge has successfully completed the first round of USTBL token issuance through Bitfinex Securities, raising $30 million. This token is backed by U.S. Treasury bonds and is built on the Bitcoin blockchain, operating on the Layer 2 network of Liquid Network.

NextBridge founder Michele Crivelli revealed that the USTBL token can be traded on the secondary market, with a redemption period expected to begin in March 2025. The target scale for this issuance is $200 million, providing investors with a new cryptocurrency investment option. 📈💼

This move demonstrates the potential application of blockchain technology in traditional financial assets, while also bringing more liquidity and investment opportunities to the market.