Guatemala Interoceanic Corridor launches tokenization in El Salvador

The Guatemalan Interoceanic Consortium (CIG) will present, this Sunday, in El Salvador, the public tokenization offer to finance the Guatemalan Interoceanic Corridor, a port, railway and road infrastructure megaproject that seeks to speed up the passage of goods throughout the region.

Salvadorans reiterate their rejection of metal mining and insist on a ban0:03 / 0:57

Tokenization will be done under the Digital Assets Law that El Salvador has had since 2023. According to the statement, a financial instrument known as COINGT has been launched and is already on public offer, on the electronic platform of the National Commission for Digital Assets (CNAD) and that will also be available on other international exchange platforms.

According to the statement, the direct investment of this infrastructure project for the next 4 to 7 years will reach a figure of no less than $15,000 million.

The bank may custody digital assets, among other of its functions.
Banco Atlántida ventures fully into digital assets

“Under the supervision of the Salvadoran authorities in charge of regulating cryptocurrency financial markets, the CIG has issued this digital asset (“token”) called “COINGT”, granting its holders preferential economic rights backed by common shares of the Consorcio Interoceánico de Guatemala, SA, the Guatemalan entity that owns the project), “the statement indicates.


#Guatemala #Interoceanic #Corridor #launches #tokenization #Salvador

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.