Bitcoin

<ul><li>Bitfinex refunds investors as the Hilton hotel project at El Salvador airport fails to meet its $500,000 funding goal.</li><li>El Salvador&#39;s first digital debt offering raises $342,000 and Bitfinex withdraws the project and refunds investors.</li><li>Despite the Hilton project halt, El Salvador stays committed to pioneering Bitcoin-friendly financial services.</li></ul>El Salvador&#39;s digital asset market saw Bitfinex Securities announce refunds for investors in its Hilton hotel venture at the international airport. This decision followed the project&#39;s failure to secure the required $500,000 funding. The <a href="https://www.eleconomista.net/economia/Empresa-tokenizara-construccion-de-hotel-cerca-de-Aeropuerto-de-El-Salvador-20240411-0003.html" rel="noopener noreferrer nofollow">report</a> disclosed a clause in the &#39;Relevant Information Document&#39; for the HILSV token that guarantees refunds if the fundraising goal is unmet.According to a recent report, the initiative marked the first public offering of digital debt assets in El Salvador. Investors contributed only $342,000, a scant 5% of the intended $6.25 million target. Consequently, Bitfinex has withdrawn the public offering from its website, indicating the project&#39;s early termination.<a href="https://cryptotale.org/bitfinex-refunds-investors-after-el-salvadors-hilton-hotel-project-fails/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bitfinex Refunds Investors After El Salvador's Hilton Hotel Project Fails

CryptoTale

Other articles published on Jul 8, 2024

Investor Jackpot: BlockDAG's Dev Release 64 Unveils Faucet Page & Blockchain Upgrades; Payment Ca...

aelf (ELF) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Breaking: German Govt Moves 1000 Bitcoin To Coinbase & Other Addresses

Green Light for Ethereum ETFs This Week? Analysts Predict 2x Price Rally

Germany Still Holds $2.2 Billion in Bitcoin: A Persistent Threat?

Cryptocurrency Pepe Rises More Than 4% In 24 hours

Join our free newsletter for daily crypto updates!