2024

Bitcoin

April

<h2 class="wp-block-heading" id="hilsv-tokenized-debt-offering-marks-milestone-in-el-salvador-s-capital-market-development">HILSV Tokenized Debt Offering Marks Milestone in El Salvador’s Capital Market Development</h2>
<p><a href="https://twitter.com/BFXSecurities/status/1778391611124146247" target="_blank" rel="noopener noreferrer nofollow">Bitfinex </a>Securities El Salvador S.A. de C.V. is at the forefront of transforming the capital markets in El Salvador with its recent announcement. The company is launching a tokenized debt issue, dubbed HILSV, to finance the construction of a Hampton by Hilton hotel complex at El Salvador International Airport. This token will trade against the U.S. dollar and tether (USDT) and will be issued on the Liquid Network, a prominent Bitcoin sidechain.</p>
<p>The partnership with Inversiones Laguardia and the <a href="https://btc-pulse.com/stablecoin-fdusd-expands-to-sui-blockchain-aiming/" rel="noopener noreferrer nofollow">engagement </a>of Ditobanx for the tokenization process underscores the innovative approach to financing. The HILSV tokenized debt aims to raise $6.25 million, offering investors a 10% coupon over five years with a minimum investment of $1,000.</p>
<p>This initiative not only paves the way for novel investment opportunities in the region but also contributes significantly to the local economy by funding the development of a 4,484-square-meter hotel complex. The project is anticipated to create thousands of jobs, thereby stimulating <a href="https://btc-pulse.com/how-to-keep-your-wallet-during-the-economic-downturn/" rel="noopener noreferrer nofollow">economic </a>growth in El Salvador.</p>
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   <p lang="en" dir="ltr">Bitfinex Securities to facilitate first ever El Salvador tokenised asset raise – $6.25m tokenised digital asset for new hotel at El Salvador International Airport.<br>Explore investment opportunities with HILSV tokens on Bitfinex Securities.<br><br>Discover more:<a href="https://t.co/UP3G2VbMS1" target="_blank" rel="noopener noreferrer nofollow">https://t.co/UP3G2VbMS1</a> <a href="https://t.co/yg4ERS9To5" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/yg4ERS9To5</a></p>— Bitfinex Securities (@BFXSecurities) <a href="https://twitter.com/BFXSecurities/status/1778391611124146247?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 11, 2024</a>
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<h2 class="wp-block-heading" id="bitfinex-securities-granted-first-license-for-operation-in-el-salvador">Bitfinex Securities Granted First License for Operation in El Salvador</h2>
<p>In a landmark move, Bitfinex Securities obtained the first-ever license for <a href="https://btc-pulse.com/texas-crypto-mining-giga-energy-operations-argentina/" rel="noopener noreferrer nofollow">operation </a>in El Salvador under the new Digital Asset Securities Law. This achievement highlights the company’s commitment to complying with local regulations while pioneering the integration of digital <a href="https://btc-pulse.com/uk-freezes-millio-craig-wrights-prevent-court-costs/" rel="noopener noreferrer nofollow">assets </a>into traditional financial markets.</p>
<p>The license enables Bitfinex Securities to offer its customers a variety of financial asset issuances, beginning with the HILSV tokenized debt. This development is part of El Salvador’s broader efforts to embrace <a href="https://btc-pulse.com/hong-kong-to-embrace-cryptocurrency-approval/" rel="noopener noreferrer nofollow">cryptocurrency </a>and digital assets, further demonstrated by granting Bitcoin legal tender status and launching initiatives to attract crypto investment into the country.</p>
<h2 class="wp-block-heading" id="embracing-digital-transformation-in-financial-markets">Embracing Digital Transformation in Financial Markets</h2>
<p>The collaboration between Bitfinex Securities and El Salvador represents a significant step toward modernizing the country’s <a href="https://btc-pulse.com/bis-launches-project-tokenization-financial-systems/" rel="noopener noreferrer nofollow">financial </a>infrastructure. By leveraging digital asset laws and blockchain technology, El Salvador is positioning itself as a leader in the adoption of innovative financing mechanisms.</p>
<p>The HILSV tokenized debt offering not only facilitates the construction of key tourism infrastructure but also opens up new avenues for investment and economic development. This initiative serves as a model for how digital assets can be harnessed to drive growth and accessibility in capital markets globally.</p>

Bitfinex Securities Pioneers Tokenized Debt Offering for New Hilton Hotel in El Salvador

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