Bitcoin commercial platform will be launched in El Salvador

El Salvador accelerates its transformation into a global financial epicenter now that supports the launch of a native capital market infrastructure in Bitcoin (BTC). The platform, whose development is led by the companies Nexbridge and Nexplace, will debut with tokenized treasure bonds and seek to climb to include tokens of shares, delegated and derivative products.

The information was held by Stacy Herbert, director of the Bitcoin National Office of El Salvador, who underlined the transcendence of the project. This, by drawing a historical parallelism: “Just as Switzerland built his financial reputation with gold, El Salvador can do the same with Bitcoin.”

According to shared information, the platform is designed to Transform capital marketswhich implies revolutionizing financial systems through which assets and bonds are negotiated. This includes asset digitalization, eliminating intermediaries through decentralization, expediting transactions with intelligent contracts, democratizing access to global investors and creating new financial products.

To achieve this, a series A financing round of 8 million dollars was closed, led by Fulgur Ventures and with the Nexbridge and Nexplace firms, regulated by the National Digital Assets Commission (CNAD).

It is planned to be launched during the second semester of 2025 and that debuts with tokenized treasure bonds, then expanding to shares, delegated products and derivatives of Bitcoin.

“El Salvador offers legal certainty and openness to innovation, which makes it the ideal place for this project,” said Michele Crivelli, CEO of both companies.

«We will allow companies to capture chain capital through native and regulated digital instruments, designed to transfer funds directly to the issuer, without traditional intermediaries. A new chain market architecture, ”added Crivelli.

Nicolas Cane, Mextbridgesv partner, celebrated the achievement: “We are transforming the way the world relates to finance, and this is only the beginning, with Bitcoin as our flag and a vision driven by the purpose and impact. From El Salvador, the Earth of BTC, for the world.”

“Bitcoin is consolidated as a unique and scarce digital asset, increasingly relevant to institutional finances,” said Oleg Mikhalsky, Fulgur Ventures partner, the main investor of the initiative.

On the part of Blockstream, responsible for Liquid Network layer that drives the asset issuance and settlement, the alliance was highlighted.

“With Liquid Network, we contribute to creating capital markets anchored in Bitcoin’s security and designed for a global scale,” said Adam Back, co -founder and Blockstream CEO, according to a statement released by the companies involved.

The country has already experienced with tokenized assetssuch as the Hilton Hotel offer in 2024, reported by cryptootics. Although the collection for HILSV tokens, aimed at financing the Hampton by Hilton at the airport, only reached 5% of the target, after which, Bitfinex Securities announced the reimbursement to investors.