NexBridge Reaches Initial $30 Million Soft Cap for Tokenized US Treasury Bills
NexBridge, a digital asset issuer specializing in the tokenization of financial assets, today announced that it has successfully reached the $30 million soft cap for USTBL, its regulated offering of tokenized US Treasury exposure built on Bitcoin technology.
This milestone underscores the growing global demand for blockchain-powered solutions in traditional finance and highlights NexBridge’s commitment to creating secure and innovative financial instruments that connect traditional finance with cutting-edge blockchain technology.
By harnessing the scalability and security of the Liquid Network, a Bitcoin layer-2 protocol, with Blockstream’s Asset Management Platform (AMP) and leveraging foundational infrastructure provided by Bitfinex Securities, NexBridge has set a new standard for tokenized finance. USTBL is designed to provide investors with unparalleled access to the stability of U.S. Treasury returns through blockchain technology. These partnerships reinforce NexBridge’s dedication to making financial instruments more inclusive and accessible globally.
“This milestone represents more than a financial achievement—it reflects the strength of NexBridge’s vision and execution,” said Michele Crivelli, Founder of NexBridge. “Our early success demonstrates the demand for secure, tokenized assets, and with Blockstream’s infrastructure and Bitfinex Securities’ platform, we’re building a bridge to the creation of a blockchain-based financial ecosystem. At the same time, we are providing a first-of-its-kind alternative to diversify investment portfolios. This is just the first step, the first building block toward this transformative vision.”
The USTBL offering combines the trusted stability of US Treasuries with the efficiency of Bitcoin’s Liquid Network, which now boasts more than $2 billion worth of RWAs, giving investors worldwide a simple and secure way to benefit from Treasury returns. USTBL will remain available through additional subscription windows starting from December 15, opening every two weeks for two days, ensuring continued access following the conclusion of the initial subscription window.
“This achievement underscores NexBridge’s dedication to redefining access to traditional financial instruments,” said Nicolas Cane, CEO of NexBridge. “By bridging the gap between blockchain technology and government-backed securities, we are delivering a transparent, efficient, and secure solution for global investors. Our focus remains on creating lasting value and driving the adoption of tokenized finance.”
"The launch of USTBL marks another milestone in El Salvador’s development of modernized capital markets, “ stated Jesse Knutson, Head of Operations at Bitfinex Securities. “Not only does this product represent the first of its kind to be issued on Bitcoin-based technology, but it is also a step forward in opening up access to high-quality investment opportunities to investors in El Salvador, Latin America, and worldwide."
About NexBridge
NexBridge™ is a digital asset issuer specializing in the tokenization of financial assets—including publicly traded securities, private investment funds, and project-specific financial instruments. As a Digital Asset Service Provider (DASP), NexBridge provides comprehensive support to issuers, from strategic analysis to administrative management, helping them succeed in the digital finance landscape. The company’s commitment to security, transparency, and compliance underpins its mission to make traditional financial assets accessible to a global audience through blockchain technology.
For more information about USTBL and NexBridge, visit the issuance website at ustbl.io and the issuer website at nexbridge.io.
About Blockstream
Founded in 2014, Blockstream is a global leader in Bitcoin and blockchain infrastructure, with offices and team members distributed around the world. Serving as the technical provider for the Liquid Network, Blockstream offers a sidechain solution that enables secure, trustless Bitcoin swap settlements and robust smart contracts, empowering financial institutions to tokenize assets efficiently. The company’s Core Lightning is a leading implementation of the open Lightning Network protocol, widely adopted for enterprise Bitcoin Lightning Network deployments. Blockstream Jade, an open-source hardware wallet, delivers advanced security for Bitcoin and Liquid assets in an easy-to-use form factor. For consumers, Blockstream Green is a highly secure and user-friendly Bitcoin wallet.
About Bitfinex Securities
Founded in 2021, Bitfinex Securities seeks to harness the technological advancements of the digital asset industry to transform global capital markets. With real-time settlement, 24/7/365 trading capabilities, access to global liquidity, and support for self-custody, Bitfinex Securities aims to create more efficient, cost-effective, and seamless interactions between investors and issuers. Bitfinex Securities is regulated in Kazakhstan and El Salvador.