TenX Protocol Partners with Tezos Foundation to Purchase 5.54 Million XTZ

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TenX Protocols, a staking and validator infrastructure company, has secured 5,542,935 XTZ as part of a strategic staking partnership with the Tezos (XTZ) Foundation, CoinDesk reported. The average purchase price was $0.5868, and the purchase was confirmed through on-exchange and over-the-counter (OTC) transactions from January 2nd to the 19th (local time). TenX stated that it plans to stake XTZ through its own validators and generate recurring income.

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