• Latest
Latin America’s Biggest Investment Bank to Sell $1 Billion in STOs Using Tezos

Latin America’s Biggest Investment Bank to Sell $1 Billion in STOs Using Tezos

July 4, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Litecoin

Latin America’s Biggest Investment Bank to Sell $1 Billion in STOs Using Tezos

coinnewsdaily by coinnewsdaily
July 4, 2019
in Litecoin
0
Latin America’s Biggest Investment Bank to Sell $1 Billion in STOs Using Tezos
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022

Latin America’s biggest investment bank, BTG Pactual, plans to shift its security token offerings (STOs), a pipeline of over $1 billion in sales, onto the Tezos blockchain. The announcement appeared in a joint press release published on Tezos Foundation’s website on July 3.

The new initiative is a collaboration between BTG Pactual and Dubai-based asset manager Dalma Capital, who plan to tokenize a number of traditional assets using the Tezos blockchain and smart contracts platform. 

According to the announcement, Dalma Capital is planning to use the Tezos blockchain for digitizing assets in multiple industries, including real estate, equity, lending, as well as global sports clubs. Meanwhile, BTG Pactual intends to boost its expertise in tokenization, which includes the ongoing ReitBZ (RBZ) STO, based on Ethereum (ETH) blockchain.

BTG Pactual’s ReitBZ token is backed by distressed real estate assets in Brazil and aims to enable the bank to provide real estate services to international investors at lower costs than traditional methods. 

Andre Portilho, BTG’s Partner responsible for the STO project, said that the bank will continue to use the Ethereum protocol, while it also sees Tezos as a “global player with a robust blockchain for asset tokenization.”

Tim Draper, an early Tezos investor and known bitcoin (BTC) bull, encouraged BTG Pactual and Dalma Capital’s new initiative in the press release, expressing confidence that Tezos has a “strong use case for security tokens.”

Recently, members of the community around Tezos have expressed concerns over an alleged upcoming hard fork of its blockchain. At press time, Tezos (XTZ) is ranked 21th largest cryptocurrency by market cap, which is around $830 million, according to Coin360.

On July 1, Huobi Group announced a joint initiative to develop a new public blockchain for  decentralized financial (DeFi) services, expecting it to host STOs, as well a other means of asset issuance.



Credit: Source link

Tags: Litecoin
Share76Tweet48
Previous Post

Blockchain Draft Bill to be Ready This Year

Next Post

President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |
Bitcoin

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing
Bitcoin

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022
Bull or bear market, creators are diving headfirst into crypto
Alt Coin

Bull or bear market, creators are diving headfirst into crypto

April 2, 2022
crypto listing and delisting announcements: week 9
Alt Coin

Crypto Listing and Delisting Announcements: Week 9

February 28, 2022
unstable markets how to invest in cryptocurrency
Alt Coin

How to invest in cryptocurrency when the market is uncertain, explained

December 21, 2021
be your own banker secrets
Alt Coin

Bitcoin and Crypto Wallet Hygiene 101

November 22, 2021
Load More
Next Post
President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$22,935.000.20%
  • ethereumEthereum(ETH)$1,636.430.64%
  • tetherTether(USDT)$1.000.09%
  • binancecoinBNB(BNB)$327.300.58%
  • rippleXRP(XRP)$0.396294-0.89%
  • cardanoCardano(ADA)$0.387186-1.30%
  • dogecoinDogecoin(DOGE)$0.090965-1.05%
  • matic-networkPolygon(MATIC)$1.232.58%
  • okbOKB(OKB)$44.09-0.69%
  • solanaSolana(SOL)$23.12-0.77%
  • shiba-inuShiba Inu(SHIB)$0.000014-1.53%
  • polkadotPolkadot(DOT)$6.62-0.63%
  • litecoinLitecoin(LTC)$99.333.37%
  • tronTRON(TRX)$0.0643721.44%
  • daiDai(DAI)$1.00-0.03%
  • cosmosCosmos Hub(ATOM)$14.38-0.62%
  • chainlinkChainlink(LINK)$6.95-0.27%
  • leo-tokenLEO Token(LEO)$3.36-6.40%
  • ethereum-classicEthereum Classic(ETC)$22.47-0.87%
  • moneroMonero(XMR)$167.031.01%
  • bitcoin-cashBitcoin Cash(BCH)$132.90-0.83%
  • stellarStellar(XLM)$0.089773-0.85%
  • crypto-com-chainCronos(CRO)$0.0807730.11%
  • filecoinFilecoin(FIL)$5.24-0.50%
  • algorandAlgorand(ALGO)$0.258746-0.20%
  • vechainVeChain(VET)$0.0240300.04%
  • internet-computerInternet Computer(ICP)$5.56-0.25%
  • aaveAave(AAVE)$86.661.29%
  • eosEOS(EOS)$1.07-1.65%
  • elrond-erd-2MultiversX(EGLD)$45.030.17%
  • theta-tokenTheta Network(THETA)$1.101.08%
  • tezosTezos(XTZ)$1.16-1.74%
  • paxos-standardPax Dollar(USDP)$1.00-0.06%
  • huobi-tokenHuobi(HT)$5.520.01%
  • havvenSynthetix Network(SNX)$2.8512.47%
  • bitcoin-cash-svBitcoin SV(BSV)$42.60-3.17%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.492.82%
  • dashDash(DASH)$63.706.18%
  • iotaIOTA(MIOTA)$0.240872-1.60%
  • makerMaker(MKR)$708.872.05%
  • neoNEO(NEO)$8.840.86%
  • zcashZcash(ZEC)$44.010.30%
  • zilliqaZilliqa(ZIL)$0.0293812.06%
  • basic-attention-tokenBasic Attention(BAT)$0.278925-2.49%
  • nemNEM(XEM)$0.0411480.97%
  • compound-governance-tokenCompound(COMP)$53.853.31%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$35.42-1.26%
  • bitcoin-goldBitcoin Gold(BTG)$17.12-0.54%
  • qtumQtum(QTUM)$2.841.36%
  • sushiSushi(SUSHI)$1.463.06%
  • wavesWaves(WAVES)$2.743.62%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • golemGolem(GLM)$0.251536-3.79%
  • yearn-financeyearn.finance(YFI)$7,619.290.54%
  • omisegoOMG Network(OMG)$1.66-3.64%
  • ontologyOntology(ONT)$0.231526-0.08%
  • digibyteDigiByte(DGB)$0.0106421.22%
  • umaUMA(UMA)$2.111.69%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%