- BTG Pactual the largest Latin American bank has partnered with Dubai-based asset manager Dalma.
- The partnership will see a number of traditional assets tokenized using the Tezos blockchain and smart contracts platform.
The biggest investment bank, in the Latin American region, BTG Pactual, are planning to shift their security token offerings (STOs), which equates to a chunky pipeline of over $1 billion in sales, onto the Tezos blockchain, as reported by Tezos.
There will be a partnership between BTG Pactual and Dubai-based asset manager Dalma Capital, who are planning to tokenize a number of traditional assets using the Tezos blockchain and smart contracts platform.
Details from the official announcement noted that Dalma Capital is planning to leverage the Tezos blockchain for the purpose of digitizing assets in multiple industries, in the likes of; real estate, equity, lending, as well as global sports clubs.