In April 2023, El Salvador, renowned for its Bitcoin investment and crypto adoption strategy, ventured into the realm of real-world asset tokenization by awarding Bitfinex a license as a digital asset service provider. The introduction of the Hilton hotel initiative prompted Bitcoin commentator Stacy Herbert to propose that Bitfinex’s expansion signaled the dawn of a fresh era for capital markets centered around Bitcoin in El Salvador, thus presenting the local populace with a novel avenue to partake in financial markets.
