Tezos, a cryptocurrency-focused ecosystem, has announced the launch of a new grant program that aims to support builders and creators exploring the community. According to a press release shared with iHodl, the programs are designed for different regions and managed with the help of regional ecosystem hubs.
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Grant programs' details are yet to be disclosed, however, the company said the requirements will range "depending on geographic considerations." The programs include the following parts of the Tezos ecosystem: Tezos Commons (will offer up to $10,000 to participants in North America), TZ APAC, Tezos India (a $2,000 stipend over the course of the 8-week mentor-led program), TZ Connect, Tezos Israel, and Tezos Africa.
In April this year, Société Générale, a French multinational investment bank, issued its first security token on the Tezos blockchain. The securities were fully subscribed by the bank's assurances.
The bank said the securities demonstrated a new step in the development of Société Générale – Forge, a regulated subsidiary of Société Générale Group, aiming at offering by 2022 crypto assets structuring. The bank also noted that the blockchain enabled increased efficiency and fluidity of financial transactions.
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