Latin America and Middle East team up for $1bn token issuance pipeline
Brazil-headquartered investment bank Banco BTG Pactual and Dubai’s Dalma Capital announced plans to use the Tezos blockchain for Security Token Offerings (STOs). Dalma is an alternative investment fund accelerator and platform. By utilizing the new platform for digital securities transactions, the financial institutions address a deal pipeline in excess of $1 billion for existing and prospective token issuances – with an outlook to use Tezos to tokenize a wide variety of traditional and alternative investments.