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El Salvador’s digital asset issuer raises $30M via US Treasury offering

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El Salvador’s Volcano Energy has raised $30 million through a groundbreaking tokenized U.S. Treasury offering, leveraging blockchain technology to transform access to traditional financial instruments. Announced on Nov. 21, the initiative highlights the country’s innovative approach to economic development by blending renewable energy investments with decentralized finance (DeFi) principles.

The funds will be allocated to expand Volcano Energy’s geothermal energy infrastructure, utilizing El Salvador’s rich volcanic resources to power both local communities and Bitcoin mining operations. By tokenizing U.S. Treasury securities, the platform enables fractional ownership, allowing a wider range of investors to participate in what is typically a high-barrier market. This method enhances financial inclusivity while bridging traditional finance and blockchain technology.

The tokenized offering is a key part of President Nayib Bukele’s broader strategy to position El Salvador as a global leader in cryptocurrency and blockchain adoption. Since legalizing Bitcoin as a national currency in 2021, the country has been exploring innovative ways to integrate blockchain solutions into its financial ecosystem. Volcano Energy’s initiative demonstrates the potential of tokenized assets to drive both investment and infrastructure development.

Industry experts see El Salvador’s efforts as a potential blueprint for other nations exploring blockchain-based fundraising and renewable energy solutions. The successful $30 million raise underscores the growing interest in tokenized assets, with analysts predicting increased adoption of similar models in emerging markets seeking to attract diverse investor participation.

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