Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets
2025-07-13 11:39:34
Main Idea
El Salvador is set to host the first fully native Bitcoin capital markets infrastructure, developed by Nexbridge and Nexplace, aiming to establish the country as a next-generation financial center.
Key Points
1. Nexbridge and Nexplace, backed by an $8 million Series A funding round, will build the first bitcoin-based capital markets infrastructure in El Salvador.
2. The initiative is licensed and authorized by Salvadoran authorities, with operations expected to begin in the second half of 2025.
3. Michele Crivelli, CEO of Nexbridge and Nexplace, emphasized El Salvador's potential as a next-generation financial center and the need to prove digital assets can be issued securely from the country.
4. Stacy Herbert, Director of the National Bitcoin Office, compared El Salvador's potential to Switzerland's financial reputation built on gold, highlighting Bitcoin's role in leveraging regulatory clarity and branding.
5. The development follows El Salvador's launch of an AI Lab powered by Nvidia, signaling broader technological and financial advancements.
Description
The new infrastructure, to be built by Nexbridge and Nexplace, will position El Salvador at the forefront of financial technology, enabling the development of capital markets and a suite of service offerings built on the bitcoin stack. El Salvador to Pioneer Native Bitcoin Capital Markets El Salvador, with its comprehensive digital asset regulations, is preparing
Latest News
- Fat Protocols Are Out, Fat Apps Are In2025-07-13 21:52:08
- Record Bitcoin Prices Fail to Spark Search Frenzy, Google Trends Data Shows2025-07-13 20:44:33
- Bitcoin Climbs to No. 6 Spot Among Global Market Giants; Closes in on Amazon2025-07-13 18:52:24
- Dead Broke in Canada: Could Bitcoin–or Joining the US–Be the Answer?2025-07-13 18:19:16
- Record Highs, Record-Low Selling Pressure: Cryptoquant Documents Unusual Market Calm2025-07-13 16:49:18