Regulatory Alerts2024-11-18 | 9862NexBridge Launches First Regulated Public Offering of Tokenized US Treasury Bonds
NexBridge, in collaboration with Bitfinex Securities and Blockstream, has launched USTBL, the first regulated public offering of tokenized US Treasury bonds built on the Bitcoin Liquid Network. This initiative, operating under El Salvador's Digital Assets Law, aims to democratize access to government-backed securities by reducing intermediary costs and establishing standardized interoperability rules. The initial flexible offering limit is set at $30 million, with expectations to significantly increase the total value of real-world assets on the blockchain network.
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