TenX Protocol added XTZ to its staking portfolio through an agreement with the Tezos Foundation. The company acquired 5,542,935.08 XTZ at an average price of $0.58 via a mix of open-market and OTC operations, funded with cash from a round completed in August 2025.
The tokens will be used for TenX’s validator operations on the Tezos network. The Tezos Foundation will contribute additional token reserves to the validators operated by TenX after the deal closes. The partnership aims to strengthen validation infrastructure and align the company with the long-term health of Tezos.
Tezos has operated without downtime since its launch nearly a decade ago. It currently holds $35 million in value locked across DEXs and continues to implement upgrades through on-chain governance. The network seeks to increase revenues and rewards for holders, promoting participation and staking within the ecosystem.
TenX provides institutional-grade staking infrastructure and maintains a portfolio of tokens generating recurring revenue. The addition of XTZ reinforces its strategy in networks with long-term potential and confirms its role as an infrastructure operator for the Tezos network.
Source: https://x.com/TenXprotocols/status/2013601153494269970
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