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Bitfinex Securities Introduces Tokenized Debt for Hilton Hotel Development in El Salvador

Bitfinex Securities Introduces Tokenized Debt for Hilton Hotel Development in El Salvador

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.

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