BTG Pactual - South America's third-largest investment bank - is jumping onto the Tezos Blockchain to launch its security-token offerings.
Last February, BTG Pactual became the first major investment bank to officially launch a Security Token Offering (STO) with ReiBZ, which serves the Brazilian real estate industry. The investment bank has now said that they are planning on tokenizing a range of traditional and alternative investments on the Tezos blockchain, including projects with global sports clubs and equity and debt interests. “While the bank remains protocol and technology agnostic, and will continue to utilize the Ethereum protocol, we see Tezos as a global player with a robust blockchain for asset tokenization,” said Andre Portilho, the BTG’s Partner responsible for the STO initiative.