Bitfinex Securities, in partnership with Inversiones Laguardia S.A. de C.V., has launched a tokenized debt offering under the ticker HILSV to raise $6.25 million for the development of the Hampton by Hilton Hotel at El Salvador International Airport. This pioneering initiative, enabled by El Salvador’s Digital Asset Securities Law, allows investors to participate in the project by trading HILSV tokens against the U.S. dollar and Tether (USDT) stablecoin.
The tokenized debt offering carries a 10% coupon over a five-year term, providing investors with an opportunity to earn returns while contributing to the development of El Salvador’s tourism infrastructure. The minimum investment amount is $1,000, making it accessible to a wider range of investors.
The economic impact of this project is significant. The construction of the hotel complex, which will feature 80 rooms, commercial spaces, and amenities such as a pool and gym, is expected to create approximately 1,000 jobs during the construction phase. Once operational, it is projected to generate up to 5,000 direct and indirect employment opportunities, providing a boost to El Salvador’s job market and economy.
This project showcases the transformative potential of blockchain technology in driving economic growth and fostering tourism development. By leveraging digital assets, it not only expands investment opportunities but also catalyzes job creation and infrastructure development in the region.
In conclusion, the collaboration between Bitfinex Securities and Inversiones Laguardia S.A. de C.V. represents a pivotal moment in democratizing access to investment opportunities in El Salvador’s digital asset market. The construction of the Hampton by Hilton Hotel is a prime example of how blockchain technology can drive economic progress and benefit local communities.
