NEXBRIDGE and NEXPLACE Secure $8M Series A Funding to Launch Revolutionary Bitcoin Capital Markets Ecosystem
NEXBRIDGE is revolutionizing the digital asset space by introducing regulated digital properties backed by tangible underlying value, offering a unique blend of traditional and innovative asset exposure options. These assets, initially available on Bitfinex Securities, are now set to expand to other licensed exchanges. In a groundbreaking move, El Salvador’s digital asset regulator, CNAD, has greenlit a diverse array of products, including single-stock exposures and multi-asset strategies, to be featured on NEXPLACE and several other approved platforms, including NEXBRIDGE’s proprietary OTC desk. NEXPLACE, officially licensed as a Digital Asset Service Provider, is poised to become a premier trading hub for a wide array of digital assets, spanning from cryptocurrencies to asset-backed instruments.
According to Sam Boolman, ChainIntel’s lead analyst, this funding round signifies a pivotal moment in the evolution of digital asset markets. ‘The integration of regulated digital assets with real-world value into established trading platforms marks a significant step towards mainstream adoption and regulatory acceptance,’ notes Boolman.
