PANews reported on January 20th that, according to CoinDesk, publicly listed blockchain infrastructure company TenX Protocols has entered into a strategic staking partnership with the Tezos Foundation, purchasing approximately 5.5 million XTZ tokens for about $3.25 million. The company purchased XTZ between January 2nd and 19th through open market and over-the-counter trading at an average price of $0.5868, funded by a funding round completed in August 2025.

TenX plans to stake these tokens through its own validator nodes, targeting an annualized yield (before costs) of approximately 8% to 10%, with the rewards reflected in its publicly available financial reports. As part of the collaboration, the Tezos Foundation also plans to delegate a portion of its XTZ holdings to validator nodes operated by TenX. TenX emphasizes that the delegation only involves staking and does not include governance control; the company will vote independently on Tezos upgrades.