Blockchain

The largest Investment Bank in Latin America BTG Pactual Will Utilize Tezos Blockchain

The Brazilian investment bank Banco BTG Pactual S.A along with UAE based asset management and investment banking Dalma Capital will be using and utilizing Tezos blockchain for its 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 assurances – with an outlook to utilize Tezos to tokenize a wide variety of traditional and alternative investments.

This was announced and published today by Tezos Foundation

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.

BTG Pactual is a Brazilian financial company that operates in the markets of investment banking, wealth management and asset management. Was established in 1983 and headquartered in Rio de Janeiro and São Paulo.

Lorna Udinese

Full time technology researcher. Lorna been involved with the world of cryptocurrency since 2012 when he first invested in Bitcoin. If you have any questions or comments please feel free to contact her at lorna@thecoinspost.com

Recent Posts

Binance Delists Four Major Cryptocurrencies: What You Need to Know

Binance, the world's largest cryptocurrency exchange has announced its plans to delist and pause trading… Read More

2 months ago

LocalMonero Announces 6-Month Shutdown Plan

LocalMonero, the peer-to-peer exchange platform for the privacy-focused cryptocurrency Monero (XMR), will be shutting down… Read More

3 months ago

Telecom Giant Vodafone Bringing Crypto to the Masses Via SIM Cards

The major telecom company Vodafone has unveiled an ambitious plan to integrate cryptocurrency wallets directly… Read More

3 months ago

No Evidence of Hack, Says Bitfinex CTO Amid Ransomware Gang’s Allegations

In the world of cybersecurity, claims of data breaches can cause significant concern and speculation.… Read More

3 months ago

Indian Police Seize 268 Bitcoins Worth $17 Million in Crypto Bust

Indian authorities have seized large sum of bitcoins from a resident of Haldwani, a… Read More

3 months ago

Smart Contract Hacking Costs Ex-Engineer $12M and His Freedom

A former senior security engineer was sentenced to three years in prison for executing sophisticated… Read More

3 months ago