TenX incorporates Tezos into its crypto asset reserves, after purchasing 5.5 million XTZ, aiming for staking rewards

PANews January 20 News, according to CoinDesk, the listed blockchain infrastructure company TenX Protocols has reached a strategic staking partnership with the Tezos Foundation, purchasing approximately 5.5 million XTZ tokens for about $3.25 million. The company bought XTZ on the open market and OTC between January 2 and 19 at an average price of $0.5868, with funds from a financing round completed in August 2025. TenX plans to stake these tokens through its own validation nodes, aiming for an annualized return (before costs) of about 8% to 10%, with related rewards reflected in its public financial reports. As part of the partnership, the Tezos Foundation also plans to delegate part of its XTZ holdings to validation nodes operated by TenX. TenX emphasizes that delegation only involves staking and does not include governance control; the company will vote independently on Tezos upgrades.