TenX Protocol will add XTZ in a partnership with the Tezos Foundation. The protocol offers staking solutions, tapping the potential passive income of XTZ.
TenX Protocol has acquired XTZ as part of a strategic partnership with the Tezos Foundation. TenX itself will hold the tokens as part of its ongoing validator operations for the Tezos network.
As of January 19, TenX added 5,542,935.08 XTZ tokens at an average cost of $0.58, in a mix of open-market and OTC operations.
TenX funded the XTZ reserves with cash on hand from an earlier raise completed in August 2025. TenX chose Tezos to boost its validator operations, where the company focuses on becoming a part of the infrastructure for fast networks with long-term potential and stability.
“As we scale our validator operations, Tezos stands out for its governance model, technical maturity, and reliability,” said Mat Cybula, CEO of TenX.
The Tezos Foundation will add a portion of additional XTZ reserves to the validators operated by TenX after the deal’s completion. The inclusion of XTZ reserves will further align TenX with the long-term health of the Tezos ecosystem.
Tezos network builds toward stability
The Tezos network has seen no downtime over nearly a decade of operations. For now, Tezos lags behind other L1s in terms of app deployment. The network still works on its infrastructure, reaching upgrades through on-chain governance rather than hard forks.
“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,” said Arthur Breitman, co-founder of Tezos.
Tezos has hosted several small DEXs, although the chain only carries $35M in value locked. The current objective of Tezos is to increase revenues, potentially benefiting validators. An active on-chain economy can offer yields and invite more staking. The regular network rewards for Tezos holders are also relatively small, based on the chain’s native tokenomics.
TenX signals confidence in Tezos
The inclusion of TenX signals long-term confidence that Tezos can produce recurring revenues. TenX has focused mostly on staking protocols with robust regular returns.
The company operates institutional-grade staking infrastructure, seeking cash flow from its portfolio of crypto assets. TenX also offers infrastructure, consulting, and development services for other networks.
The partnership signals a potential reawakening for Tezos as DeFi and onchain activity remain elevated in 2026.
The smartest crypto minds already read our newsletter. Want in? Join them.
