Bitfinex Securities Launches El Salvador’s First Tokenized Debt to Develop Hilton Hotels

Bitfinex Securities, El Salvador’s first licensed provider of digital assets, is leading the country’s first tokenized asset procurement using Bitcoin’s Layer 2 Liquid network. Bitfinex Securities, in partnership with Inversiones Laguardia SA de CV, plans to finance the construction of a new Hilton hotel complex at El Salvador’s international airport through a tokenized bond issuance.

Liquid Network’s Tokenized Debt Offering

Liquid Network launches Tokenized Debt Offering (HILSV), a Bitcoin sidechain that facilitates faster and more scalable transactions. HILSV will trade against the US currency and against Tether (USDT), giving investors the opportunity to contribute to the financing of hotel projects.

Hilton Hotel Complex at El Salvador International Airport

Construction of the Hampton by Hilton hotel complex at El Salvador International Airport will be financed with funds raised through tokenized debt issuance. The proposed building will include a restaurant, shops, a swimming pool and 80 rooms across 4,484 square meters over five floors. Hilton Hotels participates as a franchisor but is not involved in or responsible for the products.

Benefits of Capital Market Development in El Salvador

This innovative program marks an important turning point in the growth of El Salvador’s capital markets. Bitfinex Securities and Inversiones Laguardia are using tokenization and blockchain technology to bring a new asset class to the market. In addition to providing a new source of funding for issuers in regions with limited access to capital, tokenized debt offerings enable the participation of investors who otherwise would not have access to such assets.

Job Creation and Economic Opportunity

Significant economic prospects are expected to emerge in El Salvador as a result of the construction of the Hilton hotel complex. Once operational, the hotel complex is expected to provide direct and indirect employment for up to 5,000 people, with a further 1,000 jobs expected to be created during construction. This will help the tourism industry expand and strengthen El Salvador’s economy as a whole.

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