AtlantisFX | BTG Pactual, the largest Latin American investment bank, plans to sell more than $ 1 billion in security token offerings (STOs) through the Tezos blockchain. This was announced by the project partners in a joint press release published on the website of the Tezos Foundation on 3 July.
The new initiative is a collaboration between BTG Pactual and Dubai-based asset manager Dalma Capital, which intends to tokenize a range of traditional assets through the Tezos Blockchain and Smart Contract platform.
According to the announcement, Dalma Capital intends to use the Tezos blockchain to digitize assets in various industries, including real estate, stocks, credit and global sports federations. In the meantime, BTG Pactual wants to expand its expertise in tokenization, which includes the current ReitBZ (RBZ) STO based on the Ethereum (ETH) blockchain.