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Bitfinex Securities Launches Tokenized Debt Offering, Will Issue HILSV on Bitcoin Sidechain Liquid Network

Bitfinex Securities Launches Tokenized Debt Offering, Will Issue HILSV on Bitcoin Sidechain Liquid Network

CointimeCointime2024/04/11 11:34
By:Cointime

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.

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