Bitcoin Hilton to open in 2022, BlackRock ETF records three consecutive days of zero activity, and more in this weekend’s roundup.

Bitcoin-tokenized Hilton hotel to be completed in 10 months
El Salvador’s forthcoming Hampton by Hilton hotel, measuring 4,500 square feet, will be financed by the country’s first bitcoin token. The construction is expected to be finished within 10-11 months, with an additional four to six weeks for training and opening operations. Bitfinex Securities, the only licensed digital asset provider in El Salvador, will oversee the tokenization process on the Liquid Network, a bitcoin layer-2 solution. Investors will need to make a minimum investment of $1,000 to purchase the token under the ticker HILSV. Inversiones Laguardia will issue the debt and aims to raise $6.25m from crowd funders, offering a 10% coupon over a five-year period. The hotel will be located at El Salvador’s international airport and will offer 80 rooms, five commercial spaces, and various amenities, including a swimming pool, restaurants, a gym, gardens, and multipurpose rooms. The project is expected to be the first hotel at the airport and is predicted to have a high occupancy rate due to the current hotel’s 95% occupation.