BlockBeats news, on December 4th, according to Cointelegraph, El Salvador's financial platform NextBridge completed the first round of USTBL token issuance through Bitfinex Securities, raising $30 million. The underlying asset of the token is U.S. Treasury bonds, built on the Bitcoin blockchain and operating on the Liquid Network Layer 2. NextBridge founder Michele Crivelli stated that the tokens will be tradable on the secondary market, with a redemption period starting in March 2025, targeting an issuance scale of $200 million.