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The public sale of tokens to finance the Hampton by Hilton began on tuesday and will remain open for one month. During this period, interested parties will be able to purchase the 1 HILSV token starting at US$1,000.
The issuing company, Inversiones Laguardia (Inverlag Hotels), aims to raise US$6.5 million for the construction of this 80-room hotel spread over 5 levels and with a floor area of 4,484 square meters.
The hotel will be located on land leased by the Comisión Ejecutiva Portuaria Autónoma (CEPA) within the El Salvador International Airport, in the vicinity of the shopping center located in the main parking lot.
According to Daniel Leiva, partner of Torres Legal, the digital goods market is experiencing significant growth in El Salvador. They as a law firm are about to launch approximately five issues, mainly in infrastructure and debt, which could reach a total of around US$800 million.
"This is the first public debt offering and already allows to create projects to salvadoran investors", said Leiva.
Translated by: A.M