El Salvador accelerates the conversion to a global financial epicenter that supports the launch of Bitcoin (BTC)’s native capital market infrastructure. The platform developed by Nexbridge and Nexplace companies will debut in tokenized treasure bonds and ask to climb to include many stocks, delegations and derivatives.
This information was held by Stacey Herbert, director of the Bitcoin National Office of El Salvador, which emphasizes the transcendence of the project. This by drawing out historical parallelism: “Just Salvador can do the same with Bitcoin, just as Switzerland built his economic reputation with gold.”
According to the shared information, the platform is designed Transform the capital marketwhich means a revolution in the financial system where assets and bonds are negotiated. These include asset tokens, eliminating intermediaries through decentralization, promoting transactions through intelligent contracts, democratizing access to global investors, and creating new Bitcoin-based financial products.
To achieve this, the $8 million Series A finance round led by Fulgur Ventures and Nexbridge and Nexplace companies has been closed.
It is scheduled to begin in the second semester of 2025, and will debut in tokenized treasure bonds and will then expand to stocks, commissioned products and Bitcoin derivatives.
“El Salvador offers legal certainty and openness to innovation, making it an ideal location for this project,” said Michele Clayveli, CEO of both companies.
«We allow companies to acquire chain capital through native and regulated digital devices designed to transfer funds directly to issuers without traditional intermediaries. New chain market architecture,” Crivelli added.
Nicolas Cane, a partner at Mexicobridgesv, said, “We praise the world for changing the way the world is related to finance. This is that Bitcoin is a vision driven by Bitcoin as our flag and purpose and influence.
Olegmicalsky, a leading investor in the initiative, said:
The alliance was highlighted on the part of Blockstream, which is responsible for the liquid network layer that promotes the issuance and settlement of assets.
“Using Liquid Network, we help create capital markets that are locked into Bitcoin’s security and designed for a global scale,” said Adam Back, Co-Founder and CEO of Blockstream, according to a statement released by the relevant companies.
The country has already experienced tokenized assetsCryptootics reports on Hilton Hotel offers in 2024. The collection of HILSV tokens aims to fund Hilton hotels at the airport, but only reached 5% of the target, but Bitfinex Securities has since announced a refund to investors.