NEXBRIDGE and NEXPLACE have secured $8 million in Series A funding led by Fulgur Ventures to build Bitcoin-powered capital markets infrastructure.
The funding will be used to connect regulated capital markets with Bitcoin-based infrastructure, with plans to consolidate the two entities into a single holding structure after necessary approvals.
NEXBRIDGE will expand its asset-backed digital products, including USTBL, while NEXPLACE will accelerate platform development for its upcoming public debut.
This initiative aims to bring traditional capital market safeguards onto Bitcoin rails and offer regulated digital assets with global access, transforming market structure through blockchain technology.