Latin America’s largest investment bank, Brazil’s Banco BTG Pactual S.A., has announced plans to launch Security Token Offerings (STOs) on the Tezos blockchain. The news marks a major step for the Tezos Foundation. $1 Billion Worth of Security Tokens to be Issued Banco BTG Pactual will work in collaboration with Dubai’s Dalma Capital “to host a deal pipeline of $1bn for existing and future...
The South Korean arm of the Tezos Foundation has signed a Memorandum of Understanding (MoU) with Yonsei University for the development of unique talents and expertise in blockchain technology, according to a press release published by Tezos. The release reads: “Through this agreement, both sides will strengthen the expertise of the blockchain and education expertise, and discuss various...
Claims against venture capitalist Tim Draper and Bitcoin Suisse in a Tezos class action lawsuit have been dismissed. No Direct Control According to U.S. District Judge Richard Seeborg of the Northern District of California, the motions by Draper and Swiss-based crypto financial services company Bitcoin Suisse to dismiss them as defendants in the Tezos securities litigation case have been granted...
Controversial Tezos Foundation President Johann Gevers has formally resigned his post as part of a wider board reorganization. Gevers, who led the independent Swiss Tezos Foundation, had often been at odds with Tezos founders Arthur and Kathleen Breitman, who control the intellectual property associated with Tezos through their company, Dynamic Ledger Solutions. The disagreement ultimately...
It's perhaps what one might expect from the infamous ICO that was Tezos. Tezos is one of those blockchain startups that gripped the crypto community, first for its ability to raise $230 million in an ICO and then for how quickly they let it all slip away. Now Johann Gevers, the head of the startup's Swiss Foundation who is also at the center of the battle with Tezos co-founders Arthur and...
The price of Tezos derivatives has crashed on multiple exchanges following the revelation of infighting between the platform's developers and the independently-operated Tezos Foundation. Infighting at Tezos Initial coin offerings (ICOs) have exploded in 2017, and the Tezos ICO rode that wave to a then-record $232 million ICO in July. According to some estimates, that stockpile has appreciated to...