BlockBeats News, El Salvador's financial platform NextBridge has recently completed its first round of USTBL token issuance through Bitfinex Securities, successfully raising $30 million! 🎉 The tokens issued this time are backed by U.S. Treasury bonds, built on the Bitcoin blockchain, and operate on the second layer of the Liquid Network. Sounds cool, right?
Michele Crivelli, the founder of NextBridge, stated that these tokens can not only be traded on the secondary market but also have a redemption period starting in March 2025. The project's target issuance scale is up to $200 million, which is truly an ambitious plan! For those interested in blockchain and cryptocurrency, this is undoubtedly a development worth paying attention to.
This token issuance not only showcases the innovative application of blockchain technology in the financial sector but also provides investors with a new investment channel. Although opinions on cryptocurrencies vary in the market, this attempt to combine traditional financial instruments with blockchain technology may bring new vitality to the industry.
So, what do you think about this innovative token issuance method, friends? Do you think it can secure a place in the future financial market? Feel free to share your thoughts and insights in the comments section, and let's explore this interesting topic together!