• NEXBRIDGE and NEXPLACE raised $8M in a Series A round led by Fulgur Ventures to build a Bitcoin-native financial infrastructure.
  • NEXBRIDGE’s USTBL, backed by U.S. Treasury Bills, is the first public, regulated digital asset issued on Bitcoin via the Liquid Network.

NEXBRIDGE and NEXPLACE have raised $8 million in a Series A funding round led by Fulgur Ventures to advance their shared vision of a Bitcoin-native financial ecosystem.

The funding will accelerate product development, licensing efforts, and go-to-market execution for NEXPLACE, ahead of its public launch in the second half of 2025. Early access to the platform is now open, with users invited to join the waitlist.

The two entities, which currently operate independently but share common ownership and strategy, plan to consolidate under a single holding structure once regulatory and jurisdictional requirements are met.

Bridging Traditional Markets with Bitcoin Infrastructure

NEXBRIDGE and NEXPLACE aim to merge traditional capital market safeguards with the flexibility and efficiency of blockchain infrastructure.

“Our vision for BitcoinFi is simple: bring the safeguards of traditional capital markets onto Bitcoin rails and make digital assets accessible with 24/7 efficiency, through compliant, global infrastructure,” said Michele Crivelli, Founder & CEO of both companies.

NEXBRIDGE’s issuance model is designed for regulatory rigour. Its digital assets are regulated at the token level, complete with public disclosures, proof-of-reserve attestations, and CNAD approval.

The platform’s flagship product, USTBL, launched in November 2024, is the first public, regulated digital asset backed by U.S. Treasury Bills issued on Bitcoin’s Liquid Network.

NEXPLACE, licensed as a Digital Asset Service Provider, will support trading of both native crypto assets and asset-linked instruments, offering advanced features like tokenised asset collateral for derivatives post-launch.

Distribution will occur primarily via NEXPLACE but is designed to be portable across other licensed venues.

The initiative is backed by industry leaders, including Blockstream, with strategic support from Fulgur Ventures.

“NEXBRIDGE and NEXPLACE demonstrate a meaningful, real-world use case enabled by the Liquid Network that reinforces Bitcoin’s role in capital markets,” said Oleg Mikhalsky, Partner at Fulgur Ventures.

Edited by Annette George