TenX Protocols Inc. (TSX-V:TNX) (“TenX” or the “Company”), a blockchain infrastructure company that is developing staking solutions for the next generation of blockchain networks, made the announcement today that it has acquired tez (XTZ), the native token of the Tezos blockchain, as part of a strategic staking partnership with the Tezos Foundation. TenX Protocols Inc. is a publicly traded company.
TenX’s continued validator operations on the Tezos network are supported by its acquisition of XTZ, which is also a component of the Company’s larger strategy. This approach places an emphasis on active involvement, revenue generation via staking, and long-term alignment with blockchain ecosystems in which TenX runs infrastructure.
As of the 19th of January, 2026, TenX has acqquired about 5,542,935.08 XTZ tokens, with an average cost of roughly US$0.5868 per XTZ token. This acquisition was accomplished via a mix of open-market and over-the-counter acquisitions that were carried out between the 2nd of January and the 19th of January, 2026. The cash on hand from the Company’s previously completed financing, which was finalized on August 18, 2025, was used to finance the acquisition of XTZ.
TenX has chosen the Tezos network as part of its validator-first operating strategy. This approach is characterized by the company’s emphasis on putting staking infrastructure on networks that have high throughput and long-term protocol stability.
“As we scale our validator operations, Tezos stands out for its governance model, technical maturity, and reliability,” said Mat Cybula, CEO of TenX.
As part of the strategic relationship between TenX and the Tezos Foundation, the Tezos Foundation has signaled its intention to delegate a portion of its XTZ holdings to validators on the Tezos network that are managed by TenX. This intention is contingent upon the fulfillment of normal due diligence and internal approvals. TenX’s validator operations would be supported by any such delegation, and the Company’s infrastructure efforts would be better aligned with the long-term health and decentralization of the Tezos ecosystem.
Arthur Breitman, co-founder of Tezos, said:
“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.”
The self-amending architecture of Tezos is a well-known feature. This architecture allows for upgrades to be implemented via on-chain governance and prevents disruptive hard forks. Up to this point, the network has successfully undergone 19 upgrades. The most recent changes have resulted in greater functionality for institutions, enhanced network performance, and easier procedures for staking. As the network continues to gain popularity in the areas of DeFi (particularly via its Etherlink EVM-compatibility layer), gaming, and digital art, it is further solidifying its place as a resilient and institution-friendly Layer 1 protocol.
Due to the fact that staking XTZ via TenX’s own validators turns crypto assets into predictable income, backed by attractive yields and a solid economic model, the purchase of XTZ is driven by two primary purposes of the Company. The first of these objectives is revenue creation. Second, TenX makes a direct contribution to the security and decentralization of the Tezos network via the operation of validators. This aligns the activities of the company with the long-term success of the network.
“This is a long-term value decision, not a short-term trade,” added Mat Cybula, CEO of TenX. “Tezos is built for sustainability and upgradability, and we want TenX to be aligned with ecosystems that reflect that.”
TenX Protocols Inc. is a technology firm that is primarily concerned with the generation of recurring revenue from the cryptocurrency asset economy. In addition to providing infrastructure, consultation, and development services across high-throughput blockchain networks, the company also runs staking infrastructure of an institutional grade, generates cash flow from its inventory of cryptocurrency assets, and operates staking infrastructure. TenX provides public market investors with the opportunity to see the development of next-generation blockchains and the wider Web3 ecosystem. This is accomplished via the use of proprietary staking, hosted solutions, and strategic protocol alliances.
Visit www.tenx.inc for further information on TenX. You may follow us on Linkedin and X to stay up to date with the most recent advancements.
Additionally, Tezos is an open-source and energy-efficient blockchain that was developed with the intention of empowering companies, developers, and institutions while also facilitating the transfer of wealth in a digital setting. The scalable deployment of decentralized applications is the primary focus of its design principles. Because it is one of the first blockchains to use Proof of Stake, Tezos is supported and appreciated all over the world due to its robust governance, the capacity to upgrade over the long term, and its smart contract capabilities. Make sure to check out http://www.tezos.com for further details on Tezos.
