Bitfinex Securities Introduces El Salvador’s First Tokenized Debt to Fund New Hilton Hotel

Bitfinex Securities, El Salvador’s first registered and licensed digital asset provider, has said it is introducing a tokenized debt issue to construct and develop a Hampton by Hilton hotel complex at the country’s international airport. The token will be issued under the ticket HILSV and will be traded against the U.S. dollar and tether (USDT). HILSV will be issued on the Liquid Network, a bitcoin sidechain, according to a press release. The issuance comes as tokenization continues to ramp up, with new offerings cropping up every month, providing new tools for investors and traders. El Salvador became the first country to adopt bitcoin (BTC) as legal tender in 2021.

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