Banco BTG Pactual, the largest private investment bank in Latin America, has started to issue tokenized real estate security tokens on the Tezos blockchain.
However, this won’t be the first occasion when the investment bank has made use of blockchain to issue security tokens for real estate, earlier the bank has launched ReitBZ token on the Ethereum blockchain.
Andre Portilho, head of digital assets at BTG Pactual commented on the move:“We don’t want to be tied to just one blockchain.
He claimed that issuing $10 billion worth of tokenized security would cost the same as issuing $10 million worth of the same tokenized assets.
BTG Pactual is also working on listing their security tokens on new and upcoming exchanges in Asia.

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