TenX Protocols has acquired 5.5 million XTZ tokens, valued at approximately $3.25 million, as part of a strategic staking partnership with the Tezos Foundation. The purchase, conducted between January 2nd and 19th, was funded by a recent funding round and executed through open market and OTC trades at an average price of $0.5868 per token. The company plans to stake these tokens via its validator nodes, aiming for an annualized yield of 8% to 10%. Additionally, the Tezos Foundation will delegate some of its XTZ holdings to TenX's validator nodes. TenX clarified that this delegation is strictly for staking purposes and does not grant governance control, as the company will independently vote on Tezos network upgrades.