First Tokenized Debt Offering in El Salvador Fails BTC Daily DollarCost Averaging Continues

Bitfinex launched a tokenized debt issuance in April, aiming to raise $6.25 million for the construction and development of facilities at El Salvador International Airport. However, fundraising fell short of expectations. According to Cointelegraph, by the first deadline, Bitfinex had only raised $342,000 from investors. As a result, Bitfinex decided to refund investors, but intends to restructure the issuance terms and relaunch fundraising.