El Salvador is preparing to deploy a fully localized capital market on Bitcoin with a capital raise of 8 million USD.
El Salvador continues to affirm its pioneering position in digital assets with a plan to deploy a capital market system completely based on the Bitcoin platform. The new infrastructure built by Nexbridge and Nexplace will position this Central American country at the forefront of financial technology, allowing the development of a capital market and financial services portfolio entirely based on Bitcoin technology.
With a comprehensive legal framework for digital assets, El Salvador is preparing to become the first country to welcome a capital market infrastructure company built entirely on Bitcoin. This system will soon be deployed with the goal of transforming the country into a leading destination for emerging financial technology trends.
Trading platforms will be developed by Nexbridge and Nexplace after the two companies completed their Series A capital raise, raising 8 million USD. The capital raise led by Fulgur Ventures aims to accelerate the deployment of the trading market in the second half of 2025, after being officially licensed and approved by El Salvador's authorities.
Vision to Become a New Generation Financial Center
Michele Crivelli, CEO of Nexbridge and Nexplace, explained the reason for choosing El Salvador as the location for the new platform: "We chose El Salvador because it provides legal certainty, is open to innovation, and clearly demonstrates political will to become a new generation financial center." He also emphasized the responsibility in deploying pioneering services: "We must prove that digital assets can be issued safely and reliably from this country."
The new company will provide access to bond and stock types, while deploying capital raising services and issuing Token shares on the Bitcoin infrastructure. Crivelli acknowledged that building such an innovative model cannot be done in a short time, but he believes El Salvador's legal framework provides all the tools to "do it right from the start."
Stacy Herbert, Director of the National Bitcoin Office (ONBTC), emphasized the potential to transform El Salvador into a global financial center based on Bitcoin. She noted: "Just as Switzerland built its financial reputation based on gold, El Salvador can do the same with Bitcoin – leveraging the national brand, legal clarity, and leadership role."
This milestone follows the announcement that El Salvador will establish an Artificial Intelligence (AI) Lab using technology from Nvidia, demonstrating the country's comprehensive ambition to become a regional technology center.