NextBridge sells $30M in tokenized U.S. Treasury bonds
December 04, 2024, 2:17 PM
El Salvador’s NextBridge raised $30 million through the U.S. Treasury bonds (USTBL) tokens built on Bitcoin’s layer-2 protocol Liquid Network, Cointelegraph reported. Tradable on secondary markets and governed by El Salvador's securities laws, redemptions begin March 2025. The offering is part of the expanding tokenized Treasury market, alongside players like BlackRock and Franklin Templeton.
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