On July 9, 2025, in San Salvador, NEXBRIDGE and NEXPLACE announced the successful closure of an $8 million Series A funding round led by Fulgur Ventures. This investment will expedite the development of a dual infrastructure combining regulated asset-backed digital assets with a cutting-edge trading platform. NEXBRIDGE aims to launch new digital assets and expand listings on licensed exchanges, while NEXPLACE is set to enhance its platform ahead of its anticipated launch in the second half of 2025. Both entities, although currently operating separately, share a strategic vision and plan to consolidate under a single holding in the future. Michele Crivelli, CEO of both companies, emphasized their goal to integrate traditional market safeguards into the Bitcoin ecosystem, making digital assets accessible globally. NEXBRIDGE has already introduced USTBL, a regulated digital asset backed by U.S. Treasury Bills, and is preparing to broaden its product offerings. This initiative aims to provide secure access to digital markets, particularly for users in emerging economies. Read more AI-generated news on: https://app.chaingpt.org/news

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