2026-01-20 16:23:38

The Tezos ecosystem welcomes new capital infusion. TenX Protocols has reached a strategic agreement with the Tezos Foundation, investing $3.25 million to purchase 5.5 million XTZ on the open market and through block trades. The entire purchase process spanned from January 2 to 19, with an average buy-in price of $0.5868 per token. This funding comes from TenX's financing round completed in August 2025.

What are the next plans? TenX will stake and operate these tokens by setting up its own validation nodes. As expected, before deducting operational costs, the annualized return target is locked between 8% and 10%, and relevant yield data will be periodically disclosed in financial reports.

There is an interesting detail about this collaboration: the Tezos Foundation plans to delegate some XTZ to TenX's validation nodes for operation. However, TenX emphasizes that this delegation is purely a staking partnership and does not involve any transfer of governance rights. The company maintains full independent decision-making authority in Tezos' on-chain upgrade voting.

XTZ1.16%

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ImpermanentLossEnjoyer

· 01-23 01:20

Playing staking arbitrage again, I know this trick too well... Throwing 3.25 million just for that 8-10%, how much is left after deducting the principal?

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TradingNightmare

· 01-22 09:07

3.25 million for 5.5 million tokens? This price doesn't seem very attractive; it should have been cheaper a long time ago.

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HashRateHermit

· 01-21 06:17

Ah, so this is quietly building a position. 5.5 million XTZ bought at an average of $0.58, and you can stake it for an annualized yield of 8-10%. That's really great.

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DuckFluff

· 01-20 16:51

Really? 3.25 million USD just went in? The pace is a bit fast, but the average price of 0.5868 seems okay.

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BtcDailyResearcher

· 01-20 16:50

0.5868? That's a bit expensive for this average price. Can I still get it at a lower price now?

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zkNoob

· 01-20 16:48

Bought the dip of XTZ with 3.25 million USD, this pace is a bit aggressive. Just not sure if the 8-10% return can be maintained afterwards...

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MevSandwich

· 01-20 16:41

3.25 million dollars invested just for an 8-10% staking return? This yield is a bit underwhelming now; you'd be better off investing in new projects.

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LonelyAnchorman

· 01-20 16:30

3.25 million invested just for an 8-10% staking return? These days, people don't even consider the risks clearly.

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DevChive

· 01-20 16:26

0.5868 USD bottom? Why does this buy-in price feel so average, can I catch a lower one later...

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SybilSlayer

· 01-20 16:24

3.25 million dollars invested in XTZ, this move is a bit aggressive... The 8-10% yield sounds a bit conservative, it feels like staking anything now yields around this much.

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