ChainCatcher reported that according to The Block, the tokenized securities platform Bitfinex Securities El Salvador SA de CV is launching a tokenized debt issuance to develop a 4,484 square meter Hilton Hampton hotel complex at the El Salvador International Airport.
It is reported that the issuance aims to raise US$6.25 million and provide a 10% coupon over a five-year period - this means that buyers receive an annual interest equivalent to 10% of their investment within five years, and then return the principal. The financing will start on May 13, with a minimum investment of US$1,000.