Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • This professional traveler reveals how to tour the world without any remorse
    • Spring of 2025 external equipment and new books guide
    • The 18 best beaches in the world
    • River mares in Tanzania: Heavy weights in Africa
    • How to decide which one chooses
    • Tarangy National Park: The hidden jewel of Tanzania
    • 15 Something to do around Chautauqua Lake, New York – a short drive from Buffalo, Cleveland, or Pitsburgh
    • Discover the magic of relaxation and rich history of hot springs, Arkansas: a perfect mix of nature and culture
    Facebook X (Twitter) Instagram
    ZEMS BLOG
    • Home
    • Sports
    • Reel
    • Worklife
    • Travel
    • Future
    • Culture
    • Politics
    • Weather
    • Financial Market
    • Crypto
    ZEMS BLOG
    Home » Bitfinex Securities announces capital increase for Hampton by Hilton at El Salvador International Airport
    Crypto

    Bitfinex Securities announces capital increase for Hampton by Hilton at El Salvador International Airport

    ZEMS BLOGBy ZEMS BLOGApril 11, 2024No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    April 11 Bitfinex Securities announces capital raising for Hampton by Hilton at El Salvador International Airport

    Published at 11:00
    In media releases
    By Elodie Gallet

    San Salvador, El Salvador – April 11, 2024 – Bitfinex Securities El Salvador SA de CV, a securities token platform, is pleased to announce the official launch of a token debt issuance for the construction and development of the new Hampton by Hilton hotel complex based at El Salvador International Airport.

    The issuance will be the first to be arranged and traded on Bitfinex Securities El Salvador SA de CV, which has become the first regulated entity to obtain a license to operate under El Salvador's Digital Asset Securities Law.

    The construction project includes the development of a 4,484-square-meter facility spread over five levels, comprising 80 rooms, five commercial spaces, and other hotel amenities including a swimming pool, restaurants, gym, gardens, and multi-purpose rooms.

    This tokenized debt will be issued by Inversiones Laguardia SA de CV (HILSV), which has been active in El Salvador since 2017. The issuance aims to raise US$6.25 million and offers a 10% coupon over 5 years. The minimum investment is US$1,000, and the hotel operator uniquely offers investment incentives for free hotel stays based on the amount of investment achieved.

    The token will be issued under the symbol HILSV, and will be traded against the US dollar and Tether tokens. HILSV tokens will be issued on Liquid Network, a sidechain of Bitcoin, using Blockstream AMP.

    “HILSV token represents the first digital asset token from El Salvador and represents an important step forward in the development of the emerging capital market as well as the introduction of a new major asset class to the market,” he said. Paolo Ardoino, CTO at Bitfinex Securities. “For the first time, investors who would not normally have the opportunity to invest in such assets have the opportunity to do so, while issuers in markets that have less access to capital are able to leverage a new asset class to raise financing.”

    commented Jesse Knutson, COO of Bitfinex Securities“This capital raise represents not only our first project in El Salvador, but also a testament to the transformative power of Bitcoin-based capital markets. We are proud to contribute to El Salvador’s growth and look forward to creating significant job opportunities through this endeavor.”

    “The recently implemented digital asset laws will give us access to capital markets that was not previously available to us. This access will allow us to develop critical tourism-related infrastructure, thus unleashing the growth potential of the tourism sector. This expansion will ultimately lead to benefits economic for every Salvadoran citizen. said Roberto LaGuardia, President of Inversiones Laguardia

    This initiative is expected to generate approximately 1,000 job opportunities during the construction phase and up to 5,000 direct and indirect job opportunities during the operational phase. The capital raising process will begin on May 13, 2024, and is expected to extend for one month.

    Please visit Bitfinex Securities for more details.

    The HILSV issuance follows the recent successful $5.2 million token bond offering raised by Alternative from Bitfinex Securities AIFC in Kazakhstan. Bitfinex expects a large number of token assets to hit the market in the first half of the year.

    Customers seeking access to all issues of Bitfinex Securities must be verified through its entities in Kazakhstan and El Salvador. Clients who wish to create an account on Bitfinex Securities El Salvador can do so here: [Bitfinex Securities Account Creation Link].

    Since its inception in 2012, Bitfinex has been a pioneer in digital token trading, offering advanced trading features and financial tools to traders and liquidity providers globally. Bitfinex Securities Ltd. Expanding this legacy by providing a regulated and efficient global solution for raising capital through tokenized securities

    Ditobanx is responsible for coding and structuring the transaction and ensuring its issuance on the Liquid blockchain

    Hilton has not endorsed any offer and is merely a franchisee and assumes no responsibility for any representation with respect to franchisees' operations.

    For more information about Bitfinex and its commitment to financial freedom, please visit the website [www.bitfinex.com/manifesto].

    About Bitfinex Securities

    Founded in 2021, Bitfinex Securities seeks to apply the technological benefits of the digital asset industry to global capital markets. By facilitating real-time settlement, 24/7 trading, access to global liquidity, and the ability to self-custody assets, Bitfinex Securities allows for more efficient, cheaper, and easier interactions between investors and issuers.

    Media contact for Bitfinex Securities

    e-mail: [email protected]

    Source link

    ZEMS BLOG
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleLuno is among the first cryptocurrency companies to obtain a South African license
    Next Article EU report reveals Binance dominates cryptocurrency market by 50%
    ZEMS BLOG
    • Website

    Related Posts

    A security engineer was imprisoned for 3 years for hacking cryptocurrencies worth $12 million

    April 12, 2024

    6 Common Risks in Self-Directed IRAs and Bitcoin Checkbooks

    April 12, 2024

    Asset tokenization, artificial intelligence attracts focus from IOSCO Fintech team

    April 12, 2024
    Leave A Reply Cancel Reply

    This professional traveler reveals how to tour the world without any remorse

    May 30, 2025

    Spring of 2025 external equipment and new books guide

    May 29, 2025

    The 18 best beaches in the world

    May 28, 2025

    River mares in Tanzania: Heavy weights in Africa

    May 26, 2025
    Recent Posts
    • This professional traveler reveals how to tour the world without any remorse
    • Spring of 2025 external equipment and new books guide
    • The 18 best beaches in the world
    • River mares in Tanzania: Heavy weights in Africa
    • How to decide which one chooses
    About

    ZEMS BLOG in partnership with Holiday Omega keeps you informed. Bringing you the latest news from around the world with fresh perspectives and unique insights. Your daily source for news from around the world. All perspectives, all curated for a global audience.

    Facebook X (Twitter) Instagram YouTube Telegram
    • About Us
    • Contact Us
    • Privacy Policy
    • Disclaimer
    Subscribe For latest updates

    Type above and press Enter to search. Press Esc to cancel.