The publicly listed blockchain infrastructure provider TenX Protocols recently had a major move with Tezos Foundation. The company directly invested $3.25 million, purchasing approximately 5.5 million XTZ tokens in one go.
The logic of the collaboration is quite clear—TenX uses its operated validator nodes to stake these XTZ tokens in exchange for continuous staking rewards. This is equivalent to putting the purchased tokens into a long-term income-generating activity rather than purely holding for speculation.
Interestingly, the Tezos Foundation has also responded. After completing due diligence and internal approval, the Foundation plans to delegate a portion of its XTZ to TenX for operation. This way, not only does TenX profit, but both parties form a kind of ecological mutualism—Foundation’s assets are being appreciated with help, and TenX maintains a stable cash flow through staking commissions and delegation income.
From a market perspective, this operation reflects the listed company's long-term optimism about the public chain ecosystem. TenX, primarily involved in infrastructure, is now beginning to allocate high-quality public chain assets and participate in ecosystem governance. To some extent, this also enhances its business resilience. The fact that a listed company-level institution like Tezos Foundation can attract attention and delegation from such organizations is also a plus for ecosystem activity and validator node decentralization.
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ForkPrince
· 1h ago
Buy XTZ with 3.25 million USD, this pace is a bit intense, and the staking strategy is really clever.
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DefiSecurityGuard
· 1h ago
hold up, before we celebrate this "strategic partnership"... has anyone actually audited tenx's validator infrastructure? cause dumping 5.5m xtz into a setup without proper security specs is literally asking for trouble. DYOR on their node architecture first.
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SnapshotDayLaborer
· 1h ago
3.25 million directly invested in XTZ? Is that for real? TenX is serious about this.
This move is quite clever; even staking rewards can provide a stable cash flow, much more reliable than just trading coins.
It feels like this is the way institutions should operate—long-term ecosystem development rather than short-term speculation.
The publicly listed blockchain infrastructure provider TenX Protocols recently had a major move with Tezos Foundation. The company directly invested $3.25 million, purchasing approximately 5.5 million XTZ tokens in one go.
The logic of the collaboration is quite clear—TenX uses its operated validator nodes to stake these XTZ tokens in exchange for continuous staking rewards. This is equivalent to putting the purchased tokens into a long-term income-generating activity rather than purely holding for speculation.
Interestingly, the Tezos Foundation has also responded. After completing due diligence and internal approval, the Foundation plans to delegate a portion of its XTZ to TenX for operation. This way, not only does TenX profit, but both parties form a kind of ecological mutualism—Foundation’s assets are being appreciated with help, and TenX maintains a stable cash flow through staking commissions and delegation income.
From a market perspective, this operation reflects the listed company's long-term optimism about the public chain ecosystem. TenX, primarily involved in infrastructure, is now beginning to allocate high-quality public chain assets and participate in ecosystem governance. To some extent, this also enhances its business resilience. The fact that a listed company-level institution like Tezos Foundation can attract attention and delegation from such organizations is also a plus for ecosystem activity and validator node decentralization.