Bitfinex Securities Unveils $6.25M Tokenized Debt Issue on Liquid for El Salvador Airport Hilton Hotel

Liquid Federation -

San Salvador, May 22, 2024

Bitfinex Securities has launched a $6.25 million token bond project to fund the construction of a Hampton by Hilton hotel at the San Salvador International Airport.

Key points: 

  • This project, branded as HILSV, marks Bitfinex Securities’ inaugural venture in El Salvador following the enactment of the Digital Asset Securities Act.
  • The construction involves a five-story building that will house 80 rooms, commercial spaces, and various amenities. With construction already underway, the hotel is set to be completed within 12 months. 
  • The token bond offers an annual interest rate of 10% and welcomes investments starting from $1,000, making it an attractive proposition for a wide range of investors. 
  • Additionally, investors contributing over $10,000 will receive complimentary nights at the hotel.

Economic Development Through Innovative Bitcoin-Based Financing

The construction of the Hampton by Hilton hotel through the issuance of the HILSV token bond is expected to have a significant positive impact on El Salvador’s economy. 

During the construction phase, the project will create 1,000 direct and indirect jobs, offering substantial employment opportunities and stimulating the local economy. Once operational, the hotel will generate an estimated 5,000 direct and indirect jobs, further enhancing economic growth and stability.

“This venture underscores a shift towards more dynamic and flexible financial instruments, leveraging the Liquid Network to mobilize capital for tangible economic development,” stated Jesse Knutson, Head of Operations at Bitfinex Securities. “It demonstrates the practical applications of digital assets in large-scale infrastructure projects and highlights the potential of tokenized  debt to attract international investors seeking novel investment opportunities.”

A Model for Future Projects

Roberto Laguardia, President of Inversiones Laguardia, has praised the project for aligning with El Salvador’s economic and tourism development goals. 

“The successful implementation of this project could serve as a model for other nations exploring similar financing mechanisms in the realm of digital assets,” he stated. “Furthermore, Bitfinex Securities’ commitment to launching additional tokenized asset ventures suggests a continued expansion of this innovative financing model in the future.”

Stay Informed and Invest

For those interested in participating in this transformative project, detailed information is available on the Capital Raise page. 

Potential investors can also learn more about the issuer through Inverlag Hotels.