The Foundation also announced a new strategic investment in Berlin-based Fundament Securities GmbH to introduce a legal-tech solution for tokenizing regulated financial products on Tezos. Their 250m EUR real estate-backed STO, which was structured as a bond, was the first of its kind with approval from the German financial regulator, BaFin. Fundament provides end-to-end infrastructure for digital securities. Moving forward they will build on Tezos as a default blockchain solution. The partnership between Fundament and the Tezos Foundation is also the beginning of an effort to build a strong Tezos community and developer network in Berlin, Germany. More information will be coming on that topic in the future.

We are constantly impressed by the ingenuity of Tezos community members. This week Tezos Capital founder, Jonas Lamis, announced a new platform, StakerDAO, to be built on Tezos with support from Polychain Capital. The platform is designed specifically for governing financial assets in a secure, decentralized, and compliant manner, and plans to deliver financial assets that make it easy to participate in Proof of Stake networks.

We are excited to see members of the Tezos community continue to build and launch such innovative projects.

Best regards,

Ryan