Largest Investment Bank in Latin America Used Tezos To Launch A Security Token

The largest investment bank in Latin America, Banco BTG Pactual, has launched a token on the Tezos (XTZ) blockchain. BTG Pactual’s decision to deploy the token on the Tezos blockchain marks a first in its history.

Partner at BTG, Andre Portilho said he believed Tezos was “robust” enough to handle the kind of complex STOs the bank hopes to execute. He said: “We decided to issue ReitBZ in partnership with the Tezos Foundation to test the Tezos blockchain so that we can use the technology to execute more complex future STOs.

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