NexBridge and Grant Thornton Announce Ongoing Collaboration for Monthly Certification of USTBL Reserves

San Salvador, 20-12-2024 – Nexbridge Digital Financial Solutions S.A. de C.V., a regulated digital asset issuer under El Salvador’s legal framework, has formalized a collaboration with Grant Thornton, a globally recognized leader in audit and assurance services, to provide monthly independent certifications of the reserves backing the USTBL token.

Multiple issuances of USTBL have been completed, and each monthly audit ensures that all outstanding tokens remain fully backed by liquid and verifiable assets.

The first certification report confirmed that USTBL reserves are fully compliant with international standards of transparency and liquidity, reinforcing the token’s robust and reliable structure. USTBL provides investors with exposure to the performance of short-term U.S. Treasury bonds, offering a secure and efficient investment option.

Key Highlights of the Certification:

• Independent Validation: Each month, Grant Thornton verifies the assets under management in the segregated accounts linked to USTBL, certifying their existence and validating the Net Asset Value (NAV) of the token.
• International Compliance: Certification adheres to global audit and assurance standards.
• Full Transparency: The reports confirm that 100% of USTBL tokens are backed by liquid assets, primarily short-term U.S. Treasury ETFs (ISIN: IE00BGSF1X88).

“This partnership with Grant Thornton highlights our unwavering commitment to transparency and investor trust. USTBL offers a secure product backed by the highest quality assets available in the market,” stated Michele Crivelli, Founder of NexBridge.

Access the Latest Report

The latest version of the audit report is publicly available on the official USTBL website at the following link:
🔗 https://ustbl.io/docs/Audits.pdf