El Salvador has emerged as one of the few jurisdictions in the world where Bitcoin, regulated digital assets and tokenized real-world assets can be issued and traded under a single coherent legal framework. NexPlace, founded in 2024 in San Salvador by Michele Crivelli, is taking direct advantage of that opening. The company operates a regulated next-generation digital-asset exchange paired with sister entity NexBridge, which handles the issuance side — making the duo a vertically integrated venue for the new tokenized economy.

The exchange is built for institutions that want compliant access not only to cryptocurrencies but also to real-world assets brought on-chain: Treasury products, structured notes, and other instruments that previously lived inside opaque private markets. By combining issuance through NexBridge with secondary trading on NexPlace, the platform shortens the distance between a traditional asset and a globally accessible token, while keeping every step inside a regulated perimeter.

Our thesis at Fulgur is that Bitcoin will be the reserve asset of an increasingly tokenized financial system, and that system needs trustworthy venues with clear regulatory standing — not yet another offshore casino. NexPlace's location in El Salvador, its dual-license model and Michele's institutional background give it a structural edge in serving Latin American capital and global allocators alike.

We are proud to back NexPlace as it builds the regulated meeting point between Bitcoin, crypto and tokenized real-world assets. The exchanges that win the next cycle will be the ones that take both compliance and Bitcoin seriously. NexPlace is doing exactly that, from a jurisdiction uniquely positioned to make it possible.