El Salvador Launches Tokenized Investment Opportunities, Leveraging Bitcoin Infrastructure

2024년 5월 16일 BACK TO NEWS

El Salvador has taken a groundbreaking step into the realm of tokenization, unveiling national investment opportunities based on Bitcoin infrastructure.

The nation's National Bitcoin Office initiated its blockchain-based capital raise on the Liquid network, marking a significant milestone in El Salvador's embrace of cryptocurrency.

Liquid, a Bitcoin sidechain managed by Blockstream and a federation of 65 Bitcoin-centric companies globally, offers a platform for faster, cheaper, and more private transactions than the main Bitcoin blockchain. It also allows for the issuance of tokens representing various assets, including stablecoins, meme coins, and real-world assets and securities.

One of the token offerings involves investing in the construction of the first hotel at El Salvador International Airport, promising investors a 10% annual yield over a five-year term. Minimum investment starts at $1000, granting investors not only financial returns but also free nights at the hotel they are helping build. Those investing $1 million receive a year-round free stay throughout the bond's lifespan.

Roberto Laguardia, CEO of Inverlag, highlighted the significance of democratizing investment opportunities, making them accessible to individual investors rather than being exclusive to institutional players.

The tokenized issuance, facilitated by El Salvador Bitcoin startup DitoBanx and exchange platform Bitfinex, is not available to U.S. investors due to regulatory constraints.

El Salvador's adoption of Bitcoin as legal tender alongside the U.S. dollar has paved the way for innovative financial instruments like tokenized investments. The nation has been actively investing in Bitcoin and operates a Bitcoin mining operation powered by geothermal energy, reflecting its commitment to embracing cryptocurrency.

With the recent tokenized investment offerings, El Salvador continues to position itself at the forefront of the digital asset revolution, leveraging its Bitcoin infrastructure to unlock new opportunities for investors both domestically and globally.