El Salvador’s tokenised hotel project: a new frontier in investment chances

Bitfinex Securities, the first licensed digital asset provider in El Salvador, facilitates the country’s inaugural tokenised asset raise for a Hampton by Hilton hotel project. Investors can buy tokenized shares on the Bitcoin layer 2 Liquid Network, with a minimum investment of $1,000 under the ticker HILSV, offering a 10% coupon over a 5-year term. Investors will need to make a minimum $1,000 investment to purchase the token, which will be issued on the Bitcoin layer 2 “Liquid Network” under the ticker HILSV.

Bitfinex Securities spearheads tokenisation of Hilton hotel The investors are seizing the unprecedented opportunity in EI Salvador’s burgeoning capital market. Bitfinex Securities, the country’s premier licensed digital asset provider, spearheads the tokenisation of a new Hampton by Hilton hotel project. Under the aegis of Bitfinex Securities, investors will soon have the chance to own fractional shares of a state-of-the-art hotel, strategically located at El Salvador’s international airport. With a targeted raise of $6.25 million, investors can participate in this innovative venture, receiving a 10% coupon over a five-year term.

“This represents an important step forward in developing its nascent capital market as well as introducing a major new asset class into the market,” said Paolo Ardoino, chief technology officer of Bitfinex Securities in an April 11 statement. Also read: BS launches Hong Kong’s first tokenised warrant Investors get an extra return Investors will need to make a minimum $1,000 investment to purchase the token under the ticker HILSV on the Liquid Network. Liquid was built by Blockstream in 2018, a Bitcoin-focused infrastructure firm led by long-time cypherpunk Adam Back.

The hotel project itself promises to be a beacon of luxury and comfort, boasting five levels, 80 rooms, and an array of amenities including restaurants, a swimming pool, and multipurpose spaces. HILSV token holders will be offered some free nights’ accommodation at the hotel based on the size of their investment.