Investors have a unique opportunity on the horizon: owning a piece of a brand-new 4,500-square-foot Hampton by Hilton hotel in El Salvador. This opportunity comes in the form of tokenized shares issued on Bitcoin’s layer 2 Liquid Network.
Bitfinex Securities, the pioneering digital asset provider licensed in El Salvador, is set to facilitate the country’s first-ever tokenized asset raise. Inversiones Laguardia S.A. de C.V. will issue the debt for this venture.
The location of the hotel is strategic—it will be situated at El Salvador’s international airport. Inversiones Laguardia aims to raise $6.25 million from interested investors, offering a compelling 10% coupon over a 5-year term.
Paolo Ardoino, the chief technology officer of Bitfinex Securities, emphasized the significance of this endeavor. He stated, “[This] represents an important step forward in developing its nascent capital market as well as introducing a major new asset class into the market.”
To participate, investors will need to commit a minimum of $1,000 to acquire tokens under the ticker HILSV on the Liquid Network. This network, developed by Blockstream in 2018, has gained recognition as a Bitcoin-focused infrastructure solution, led by the seasoned cypherpunk Adam Back.