Investors will need to make a minimum $1,000 investment to purchase the token, which will be issued on the Bitcoin layer 2 “Liquid Network” under the ticker HILSV.
Investors will soon be able to own a slice of a new, 4,500 square-foot Hampton by Hilton hotel in El Salvador by buying tokenized shares issued on the Bitcoin layer 2 Liquid Network. The country’s first ever tokenized asset raise will be facilitated by Bitfinex Securities — the first licensed and registered digital asset provider in El Salvador — while the debt issued from Inversiones Laguardia S.A. de C.V.
The hotel will be constructed at El Salvador’s international airport, with Inversiones Laguardia looking to raise $6.25 million from crowdfunders in exchange for a 10% coupon over a 5 year term.
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