Bitfinex Securities, the first licensed digital asset provider in El Salvador, is launching a tokenized asset raise on the Bitcoin layer 2 Liquid Network to fund a new Hilton hotel complex at El Salvador International Airport. This initiative marks a significant milestone in the development of El Salvador’s capital market, bringing a new asset class to investors through tokenization and blockchain technology.
Summary:
– Bitfinex Securities is leading El Salvador’s first tokenized asset raise using the Liquid Network of Bitcoin.
– The tokenized debt offering, HILSV, will be traded in relation to USD and USDT, allowing investors to contribute to the Hilton hotel project.
– The new Hampton by Hilton hotel complex at El Salvador International Airport will feature restaurants, shops, a swimming pool, and 80 rooms spread across five stories.
– The project is expected to create up to 5,000 direct and indirect jobs once operational, with an additional 1,000 jobs during the construction phase.
– This initiative is set to boost economic growth and development in El Salvador’s tourism industry.
