Bitfinex Securities to Refund Investors as El Salvador Hilton Hotel Venture Falls Short of Funding Goal

Bitfinex Securities, a digital asset platform, has announced that it will refund investors for its unsuccessful Hilton hotel venture at El Salvador’s international airport. The project, representing El Salvador’s first public offering of digital debt assets, fell short of its initial funding target, garnering only $342,000 against a required $500,000 to proceed. This amount constituted just 5% of the ambitious $6.25 million total they aimed to raise. A Bitfinex spokesperson told Cointelegraph, “As per the Relevant Information Document, Bitfinex will be refunding all investors.” Although the spokesperson indicated that the issuer, Inversiones Laguardia S.A. de C.V., is expected to restructure