Latin America’s Largest Invest Bank Utilize Tezos Blockchain For STO

8 Jul, 2019 08:20
source: Singularity Financial

Banco BTG Pactual, one of the largest investment banks in Brazil, announced its plans to launch a security token offering (STO) using Tezos blockchain.

The BTG Pactual also teamed up with Dubai-based asset manager Dalma Capital to carry out the token offering with which it is aiming host a deal pipeline of $1bn for existing and future prospective token, according to the news released by Tezos Foundation.

“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,” said Zachary Cefaratti, CEO of Dalma Capital.