HomeCrypto NewsHilton Hotel in El Salvador offers the country's first tokenized investment

Hilton Hotel in El Salvador offers the country’s first tokenized investment

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The public offer to purchase HILSV tokens started yesterday and will be open for a month. All with the idea of ​​raising the necessary capital to complete the construction and development of the Hampton by Hilton hotel, located at the El Salvador airport.

The crypto asset, issued by Inversiones Laguardia (Inverlag Hotels), grants access to an alternative form of credit to expand the country’s real estate market.

With the HILSV debt token, the issuing company aims to raise $6.25 million with a 10% premium, a duration of 5 years and a minimum investment of $1,000.

Tokenizing the Hampton by Hilton hotel development represents a great opportunity to finance projects in El SalvadorAccording to commented recently by Roberto Laguardia, CEO of Inverlag.

“Capital markets are probably almost non-existent in El Salvador, so tokenization is an incredible opportunity presented to us. Not only to us, but also to other project developers and builders who are looking to access capital that is not normally available and reach investors around the world.”

Roberto Laguardia, CEO of Inverlag.

It will be the first hotel within the Monseñor Romero y Galdámez International Airport, located in San Luis Talpa, 40 kilometers from the capital San Salvador. “Our hotel is barely a three-minute walk from the air terminal,” La Guardia explained.

During the first hours of negotiation of the token, Inverlag has raised $113,000which represents 1.8% of the total amount to be collected (6,250,000).

Investors interested in the Salvadoran project can acquire the HILSV token from $1,000 on the Bitfinex platform.

HILSV circulates on the Bitcoin Liquid Network sidechain and It is traded in US dollars and the stablecoin USDT (Tether). However, it should be noted that the Hilton brand has not endorsed any offers and is only a franchisor. Therefore, it does not assume any responsibility regarding the operations of its franchisees, such as points it out Bitfinex in a statement.

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