NEXBRIDGE and its trading platform NEXPLACE announce the completion of an $8.000 million Series A funding round

El Salvador-based issuer NEXBRIDGE and its trading platform NEXPLACE have announced the completion of an $8.00 million Series A funding round led by Fulgur Ventures. The funds will be used to expand the compliant digital asset issuance and trading ecosystem based on the Bitcoin Liquid Network. NEXBRIDGE previously launched USTBL, the first compliant digital asset backed by U.S. Treasury bonds. NEXBRIDGE plans to expand the issuance of regulated digital assets, while NEXPLACE plans to officially launch in the second half of 2025. [Wu Shuo]