Latin America based Investment bank BTG Pactual and Dubai based Dalma Capital an asset managing company have announced their plans to utilize Tezos blockchain for security token offerings (STOs). Tezos’s blockchain tech will be utilized for digital securities transactions to tokenize a wide variety of traditional and alternative investments, in excess of $1 billion for existing and prospective token issuances.

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

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

The deals include the ReitBZ tokenized property offering announced in February, and would further cover a variety of traditional and alternative investments;  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 several expected asset tokenization projects ranging from core real estate to prominent global sports clubs; including equity and debt interests.

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by Megha Bhattacharya
Market Analyst at IBS Intelligence
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