TenX Protocols has reached a strategic partnership with the Tezos Foundation, acquiring 5.5 million XTZ tokens with approximately $3.25 million in funds. The plan is to stake through self-operated validation nodes, targeting an annualized return of 8% to 10%. The Tezos Foundation will delegate some XTZ to TenX for staking but will not participate in governance control.

Blockchain company TenX Protocols announces it will be listed on the TSX Venture Exchange with the stock code “TNX”. This year, it has raised over 33 million CAD, which will be used to purchase high-throughput blockchain tokens and invest in infrastructure products. Some of the financing was completed through digital assets.