Bitfinex Securities, as the premier registered and licensed digital asset provider in El Salvador, proudly unveils its groundbreaking endeavor: a tokenized debt issuance. This initiative is geared towards the construction and development of a Hampton by Hilton hotel complex, strategically located at the country’s bustling international airport.

Tokenization on the Liquid Network

The token, denoted by the ticker symbol HILSV, will be the cornerstone of this innovative financial endeavor. It will be traded against major currencies such as the U.S. dollar and tether (USDT). Leveraging the robust infrastructure of the Liquid Network, a bitcoin sidechain renowned for its efficiency and security, Bitfinex Securities ensures a seamless and reliable trading experience for investors.

Empowering Investors with Debt Tokenization

This move comes amidst a burgeoning trend in tokenization, wherein traditional financial instruments like bonds or loans are transformed into digital assets on blockchain platforms. By embracing debt tokenization, Bitfinex Securities offers investors and traders unprecedented opportunities to diversify their portfolios and explore new avenues of investment.

A Testament to El Salvador's Crypto-Friendly Environment

As the first country to adopt bitcoin as legal tender in 2021, El Salvador has been at the forefront of embracing cryptocurrency innovation. This issuance underscores the nation's steadfast commitment to blockchain technology and its potential to revolutionize traditional finance.

Financial Details and Project Scope

The tokenized debt issuance aims to raise $6.25 million, with an enticing 10% coupon rate over a 5-year period. With a minimum investment requirement of $1,000, this offering presents a compelling opportunity for both institutional and individual investors to participate in the burgeoning crypto economy.

The debt will be issued by Inversiones Laguardia S.A. de C.V., a reputable entity with a track record of successful ventures. The construction project itself encompasses a sprawling 4,484 square meters spread across five levels, boasting 80 rooms, alongside amenities such as a swimming pool, restaurants, and commercial spaces.

Hilton Hotels' Involvement and Clarifications

While Hilton Hotels lends its esteemed brand to the project as a franchisor, it's important to note that the company does not endorse any specific offering and bears no responsibility in this regard. This distinction ensures transparency and clarity regarding the nature of the partnership between Bitfinex Securities and Hilton Hotels.

Bitfinex Securities: Pioneering Digital Asset Services in El Salvador

Bitfinex Securities' debut in El Salvador marks a significant milestone in the nation's journey towards embracing digital assets. As the inaugural registered and licensed digital asset service provider, Bitfinex Securities is poised to play a pivotal role in shaping the future of finance in the region and beyond.