Join Our Mailing List
Saturday June 10, 2023
Bitcoin (BTC) $25,909.94   Ethereum (ETH) $1,791.56
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Token Offerings/Listings

BTG Pactual, Dalma Capital to deploy Tezos blockchain for security tokens

Tezos Foundation informs that financial institutions to host a deal pipeline of $1bn for existing and future prospective token issuance

Published by CryptoNinjas.net
07/04/2019
Tezosblockchain

Banco BTG Pactual S.A., Latin America’s largest standalone investment bank, and Dalma Capital, a prominent Dubai asset manager, have announced, plans to utilize the Tezos blockchain for Security Token Offerings (STOs), including the ongoing REITBZ STO.

By utilizing the new platform for digital securities transactions, the financial institutions address a deal pipeline in excess of $1bn for existing and prospective token issuances – with an outlook to utilize Tezos to tokenize a wide variety of traditional and alternative investments.

As governments worldwide and in the Middle East take measures to introduce digitization initiatives across industries, blockchain spending globally is to reach $2.9 billion this year, and $307 million in MENA region by 2021. Utilizing Tezos, a self-amending blockchain and smart contracts platform will encourage BTG Pactual and Dalma Capital to enhance their digitization efforts, by transacting in digital assets.

BTG Pactual was the first major investment bank to officially launch a Security Token Offering (STO) when it announced in February its plans to launch ReiBZ. It has since successfully launched and exceeded the soft cap of the real estate backed token on the Ethereum protocol.

“While the bank remains protocol and technology agnostic, and will continue to utilize the Ethereum protocol, we see Tezos as a global player with a robust blockchain for asset tokenization,” said Andre Portilho, BTG’s Partner responsible for the STO initiative.

Dalma Capital, which is working with BTG Pactual on their STO pipeline and has partnered as joint-bookrunner for REITBZ, plans to further utilize Tezos for a number of expected asset tokenization projects ranging from core real estate to prominent global sports clubs; including equity and debt interests.

“With blockchain technology now becoming a reality globally, we are delighted to be working with the Tezos Foundation and Tocqueville Group teams, whose technical expertise complements our investment banking and asset management credentials,” said Zachary Cefaratti, CEO of Dalma Capital, “We see Tezos as one of the critical protocols for the burgeoning STO market, and look forward to securing future deal flow on the Tezos blockchain.”

“BTG Pactual and Dalma Capital have been leaders in implementing tokenization and blockchain solutions in the realm of traditional investment banking and asset management” commented Hubertus Thonhauser, a principal of the Tezos Foundation, “We are encouraged by forward-thinking investment banks embracing blockchain as the market progresses to institutionalization and mass adoption.”

30
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Tether stablecoins now available on the Tezos blockchain ecosystem

06/09/2022
Tether stablecoins now available on the Tezos blockchain ecosystem

Tether.to, the company operating the blockchain-enabled stablecoin platform, announced it will launch Tether tokens on Tezos, the upgradable proof-of-stake  (PoS) blockchain. “We’re excited to launch USD₮ on Tezos, offering its growing and vibrant community...

Read more

Tezos Asia entity TZ APAC teams up with NUS Computing to develop blockchain talent

05/10/2022
Tezos Asia entity TZ APAC teams up with NUS Computing to develop blockchain talent

TZ APAC, an Asia-based blockchain adoption entity supporting the Tezos ecosystem, today announced a partnership with the National University of Singapore School of Computing (NUS Computing) to set up the Centre for Nurturing Computing...

Read more

DeFi platform EQIFI to offer Tezos (XTZ) staking and borrowing

09/02/2021
DeFi platform EQIFI to offer Tezos (XTZ) staking and borrowing

EQIFI, a decentralized finance platform, today announced new products for the Tezos blockchain ecosystem and will offer its users Tezos (XTZ) staking and borrowing. Powered by EQIBank a licensed and regulated digital bank, EQIFI...

Read more

Tezos’ sixth protocol upgrade brings more optimization as ‘Florence’ goes live

05/11/2021
Tezos’ sixth protocol upgrade brings more optimization as 'Florence' goes live

It seems like only yesterday that Tezos underwent its fifth upgrade (codenamed Edo), which added some significant features to the ever-evolving platform such as Tickets, the Adoption Period, and Sapling. Merely 3 months after this...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
What is DeFi Returns?  A new way of DeFi Investing

What is DeFi Returns? A new way of DeFi Investing

06/08/2023
A Beginner’s Guide To Forex Demo Account

A Beginner’s Guide To Forex Demo Account

06/07/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
What is DeFi Returns?  A new way of DeFi Investing

What is DeFi Returns? A new way of DeFi Investing

06/08/2023
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy