Odaily Planet Daily News Digital asset platform Bitfinex Securities said it would return the money to investors in its Hilton Hotel project at El Salvador International Airport due to its failure to attract the minimum $500,000 in funding required to continue operations. The project is El Salvador's first public offering of digital debt assets, but it only raised $342,000 from investors before the first deadline, only 5% of its target amount of $6.25 million. The funds are intended to finance the construction of the Hilton Hampton Hotel, which is 4,500 square feet, divided into five floors, with 80 rooms, a restaurant, workspace, swimming pool, gym and garden. According to the introduction, if you want to own a share of the Hilton Hotel, investors must invest at least $1,000 to buy HILSV tokens on the Bitcoin Layer2 network Liquid Network. In exchange, participants in the crowdfunding will receive a 10% coupon over 5 years. A Bitfinex spokesperson confirmed: "According to relevant information documents, Bitfinex will refund all investors." However, Bitfinex will not take immediate action, and it is expected that the issuer Inversiones Laguardia SA de CV may adjust the offer. Currently, Bitfinex has deleted the public offering information of the project from its website. (Cointelegraph)
