Bitfinex Securities Launches Tokenized Debt Offering, Will Issue HILSV on Bitcoin Sidechain Liquid Network
On April 11th, Bitfinex Securities announced a new digital debt issuance plan for the construction and development of a new Hampton Hilton hotel complex at the international airport in El Salvador. This is Bitfinex Securities' first issuance plan in El Salvador, aiming to introduce a new asset class to the country's capital market using digital asset laws.
The token will be issued under the name HILSV and traded in USD and USDT. HILSV will be issued on the Bitcoin sidechain Liquid Network, aiming to raise $6.25 million, with a 5-year term, 10% annual interest, and a minimum investment of $1,000. Investors will receive investment incentives such as free accommodation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What awaits the Ethereum ecosystem in 2025?
Ethereum's evolution towards user-friendly and interoperable Layer 2 solutions is crucial, with native interoperability and EIP-7702 poised to revolutionize security and UX.
5 most rapidly growing tokenization trends to watch for in 2025
Tokenization of real-world assets poised to reach $5 trillion by 2025, with real estate and bonds leading the surge.
US index futures extended losses, Nasdaq futures fell 2%
AI-driven DeFi application xPortal announces acquisition of German Web3 startup Alphalink