TenX Protocols Adds Tez (XTZ) as Part of Strategic Partnership with the Tezos Foundation

Executive Summary

• TenX Protocols Inc. acquired approximately 5,542,935 XTZ tokens at an average cost of US$0.5868 per token to support its validator operations on the Tezos network.
• The acquisition was funded with cash from a financing round closed on August 18 2025 and is part of a broader strategy to generate recurring revenue through staking.
• The Tezos Foundation indicated its intention to delegate a portion of its XTZ holdings to TenX‑operated validators, further aligning the partnership.

Key Details

• Acquisition volume: ~5,542,935.08 XTZ tokens.
• Average purchase price: US$0.5868 per XTZ token.
• Purchase period: January 2 – January 19 2026 (open‑market and OTC transactions).
• Funding source: Cash on hand from the financing closed August 18 2025.
• Strategic purpose:
• Enable TenX to run validators on Tezos, generating staking revenue.
• Contribute to network security and decentralization.
• Tezos Foundation delegation intent: Subject to due diligence and internal approvals, the foundation may delegate a portion of its XTZ holdings to TenX validators.
• CEO comment: “As we scale our validator operations, Tezos stands out for its governance model, technical maturity, and reliability.” – Mat Cybula, CEO, TenX.

Notable Quotes

• Mat Cybula, CEO of TenX: “This is a long‑term value decision, not a short‑term trade… Tezos is built for sustainability and upgradability, and we want TenX to be aligned with ecosystems that reflect that.”
• Arthur Breitman, co‑founder of Tezos: “TenX sees what others have missed: Tezos combines battle‑tested governance with the scaling and performance the industry has been chasing. Validators who think long‑term are a natural fit.”