NEXBRIDGE and NEXPLACE Secure $8 Million Funding for Bitcoin-Based Capital Markets Integration

Generated by AI AgentCoin World
Wednesday, Jul 9, 2025 2:58 pm ET2min read

NEXBRIDGE, a regulated issuer of asset-backed digital securities, and NEXPLACE, an upcoming

trading platform, have successfully closed an $8 million Series A funding round. The funding was led by Fulgur Ventures, a prominent player in Bitcoin-native infrastructure. The funds will be used to create and integrate a two-platform system that connects regulated capital markets with Bitcoin-based infrastructure. The two companies, currently operating as separate entities within a unified shareholder group, plan to consolidate into a single holding structure following receipt of corporate and jurisdictional approvals.

The funding will enable NEXBRIDGE to expand its portfolio of asset-backed digital products, including USTBL—the first regulated digital asset backed by U.S. Treasury Bills and released through the Bitcoin-powered Liquid Network infrastructure. Concurrently, NEXPLACE will accelerate its platform development and regulatory approvals in preparation for its planned public debut in the second half of 2025.

Michele Crivelli, Founder and CEO of both firms, expressed his vision for BitcoinFi: “Our vision for BitcoinFi is simple: bring the safeguards of traditional capital markets onto

rails and make digital assets accessible with 24/7 efficiency through compliant, global infrastructure. Today, we focus on secure access to familiar exposures like bonds or equities, made available through NEXPLACE and other licensed venues, with our platform built to evolve and unlock advanced features over time. Tomorrow, we’ll enable businesses to raise capital on-chain through native, regulated digital instruments designed to move funds directly to the issuer, without traditional intermediaries.”

NEXBRIDGE’s digital assets are regulated individually at the token level. Each issuance is individually approved by El Salvador’s digital asset authority, complete with a unique instrument ID, proof-of-reserve documentation, and public termsheets—bringing full transparency and oversight to each tokenized product. NEXPLACE, authorized as a Digital Asset Service Provider, will serve as a centralized platform for trading a variety of digital assets, including cryptocurrencies, utility tokens, and tokenized financial instruments. Future features will include collateralized trading and cross-asset settlement options, designed to meet the needs of both retail and institutional participants.

This integrated approach enables users—especially in emerging markets—to access previously unavailable exposures, including U.S. dollar-linked assets, within a regulated, blockchain-based framework. Fulgur Ventures spearheaded the Series A funding round. Partner Oleg Mikhalsky emphasized Bitcoin’s growing importance in institutional finance, stating that it is shifting from being just a store of value to a fundamental infrastructure layer for capital markets. He pointed out that NEXBRIDGE and NEXPLACE are excellent examples of how Bitcoin can support regulated, real-world financial applications—something the firm is proud to support.

Blockstream, the company behind the Liquid Network that powers NEXBRIDGE’s issuance and settlement processes, also emphasized the importance of the project. CEO Adam Back stated that the Liquid Network is enabling the next stage of capital market development, providing a secure and scalable infrastructure built on Bitcoin’s trusted foundation. NEXBRIDGE, headquartered in El Salvador, is a licensed provider specializing in the issuance of regulated digital assets. It structures and distributes asset-backed tokens under the country’s Digital Asset Issuance Law, with issuance and settlement conducted via the Bitcoin-based Liquid Network.

NEXPLACE is an advanced digital asset exchange scheduled to go live in the second half of 2025. It is designed to facilitate seamless trading of cryptocurrencies and regulated digital securities on a single, scalable interface. Fulgur Ventures is a Bitcoin-native firm focused on advancing the infrastructure, tools, and applications that drive real-world adoption of Bitcoin-based financial systems. The successful funding round and the strategic vision of NEXBRIDGE and NEXPLACE highlight the growing integration of Bitcoin infrastructure within traditional capital markets, paving the way for more innovative and compliant financial solutions.