Regulatory Alerts2024-11-18 | 9846NexBridge USTBL Digital Asset Valuation - USDT
NexBridge Digital Financial Solutions S.A de C.V. issues the USTBL digital asset, which provides exposure to US Treasury bonds via the iShares $ Treasury Bond 0-1yr UCITS ETF. The public offering, regulated by El Salvador's CNAD, sets an initial issuance range of USD 30 million to USD 200 million with tokens trading on the Liquid Network. Primary market placement is executed by Bitfinex Securities El Salvador, allowing subscriptions in USD, BTC, and stablecoins while maintaining dynamic supply and redemption mechanisms.
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