El Salvador’s Nextbridge has raised $30 million by tokenizing U.S. Treasury bills on the Bitcoin blockchain.

In a recent development, El Salvador platform NextBridge closed a $30 million token sale backed by U.S. Treasury bills. Built on Bitcoin’s blockchain with Liquid Network, the USTBL tokens are targeted for a total issuance of $200 million and are subject to El Salvador’s securities laws. This represents a growing trend of tokenized assets, with global leaders such as BlackRock Franklin Templeton entering the market. This proposal positions El Salvador as an emerging player in cryptocurrency finance, combining traditional financial stability with cutting-edge blockchain innovation. If successful, this could lead to greater adoption of tokenized bonds, improving liquidity and efficiency.