Bitfinex Launches El Salvador's First Tokenized Debt for Hilton Hotel 😱

Bitfinex Securities Launches Tokenized Asset Raise for Hilton Hotel Complex in El Salvador

Bitfinex Securities, the first licensed digital asset provider in El Salvador, is proud to announce the launch of its inaugural tokenized asset raise. This groundbreaking initiative will leverage the Bitcoin layer 2 Liquid Network to fund the construction of a new Hilton hotel complex at El Salvador International Airport.

Leveraging Liquid Network for Tokenized Debt Offering

Bitfinex Securities partners with Inversiones Laguardia S.A. de C.V. to launch a tokenized debt offering, HILSV, on the Liquid Network.
HILSV will be traded against the US dollar and tether (USDT), providing investors with an opportunity to participate in the hotel project’s fundraising.

Development of El Salvador International Airport’s Hilton Hotel Complex

Funds raised through the tokenized debt issuance will finance the construction of a Hampton by Hilton hotel complex at El Salvador International Airport.
The hotel complex will feature restaurants, shops, a swimming pool, and 80 rooms spread across 4,484 square meters on five stories.

Driving Capital Market Growth in El Salvador

This initiative represents a significant milestone in the development of El Salvador’s capital market.
Bitfinex Securities and Inversiones Laguardia are introducing a new asset class through tokenization and blockchain technology.
The tokenized debt offering opens up new funding opportunities for issuers in underserved markets and allows broader investor participation.

Creating Jobs and Economic Opportunities

The construction of the Hilton hotel complex is expected to generate substantial economic benefits for El Salvador.
Up to 5,000 direct and indirect jobs are projected to be created once the hotel is operational, with an additional 1,000 jobs during the construction phase.
This development is poised to boost the tourism industry and contribute to the overall growth of the Salvadoran economy.

Hot Take: Embracing Innovation for Economic Growth in El Salvador

By pioneering tokenized asset raises on the Liquid Network, Bitfinex Securities is driving economic development and job creation in El Salvador. The partnership with Inversiones Laguardia underscores a commitment to innovation and growth in the capital market. The Hilton hotel complex project not only showcases the potential of blockchain technology but also highlights the opportunities it brings for financing and investment. As El Salvador embraces digital assets, the future looks promising for the country’s economic prosperity.