BTG Pactual teams with Dubai asset manager to sell security tokens

BTG Pactual teams with Dubai asset manager to sell security tokens

Capital Markets Corporate & Sovereign Strategy Brazil Middle East

BTG pactual has teamed with Dubai-based Dalma Capital to set up a platform to tokenize financial assets worth $1bn on the Tezos blockchain network, the companies said. Tokenization allows institutions to transform real assets into digital contacts that can be traded. BTG Pactual was the first major investment bank to officially launch a Security Token Offering (STO), similar to an IPO for digital tokens or coins, when it announced plans to launch ReiBZ in February. The bank and Dalma have pla

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