Deep Tide TechFlow News, on December 4, according to Cointelegraph, the Salvadoran financial platform NextBridge completed its first round of USTBL token issuance through Bitfinex Securities, raising 30 million dollars.

The token is backed by U.S. Treasury bonds, built on the Bitcoin blockchain, and operates on the Liquid Network Layer 2. NextBridge founder Michele Crivelli stated that the token can be traded on the secondary market, and the redemption period will begin in March 2025, with a target issuance scale of 200 million dollars.