Hampton Hotel Tokenizes Slice for Investors

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.


Related articles

Fed Moves Could Flood Crypto with Trillions

The cryptocurrency market is abuzz with speculation about the...

Crypto Titans Team Up to Tackle Scams

The cryptocurrency world has been buzzing with the news...

Binance Bounces Back in Florida

The cryptocurrency landscape in the United States saw a...

Bitcoin’s MetaMakeover

The cryptocurrency world witnessed an array of dynamic shifts...

Diamonds on the Blockchain: A New Era for Digital Payments

Diamond Standard Co. has unveiled an innovative blockchain payments...
Maria Irene
Maria Irenehttp://ledgerlife.io/
Maria Irene is a multi-faceted journalist with a focus on various domains including Cryptocurrency, NFTs, Real Estate, Energy, and Macroeconomics. With over a year of experience, she has produced an array of video content, news stories, and in-depth analyses. Her journalistic endeavours also involve a detailed exploration of the Australia-India partnership, pinpointing avenues for mutual collaboration. In addition to her work in journalism, Maria crafts easily digestible financial content for a specialised platform, demystifying complex economic theories for the layperson. She holds a strong belief that journalism should go beyond mere reporting; it should instigate meaningful discussions and effect change by spotlighting vital global issues. Committed to enriching public discourse, Maria aims to keep her audience not just well-informed, but also actively engaged across various platforms, encouraging them to partake in crucial global conversations.


Please enter your comment!
Please enter your name here