Nexbridge has launched USTBL, a regulated gateway for investors to access U.S. Treasury returns through blockchain technology. The offering, anchored on Blockstream's Liquid Network, aims to streamline compliance and increase transparency. The soft cap for the issuance is set at $30 million, and USTBL will adhere to El Salvador's Digital Asset Law. The asset will trade on Bitfinex Securities, and the introduction of USTBL is expected to increase the value of real-world assets on the blockchain beyond $2 billion. Nexbridge aims to simplify investment in U.S. Treasuries by cutting out intermediaries and adhering to regulatory standards. This initiative aligns with the trend of digitizing traditional assets through blockchain technology, but its widespread adoption is uncertain.
- Content Editor ( news.bitcoin.com )
- 2024-11-19
Nexbridge Brings US Treasuries to Bitcoin Blockchain With USTBL Offering