BULLISH 📈 : Galaxy Ventures leads $7M funding for Tenbin’s tokenized assets

  • Galaxy Ventures led a $7 million seed funding round for Tenbin Labs, which focuses on blockchain infrastructure for tokenized gold and foreign exchange markets.
  • Major participants included Wintermute Ventures, GSR, FalconX, Nascent, Variant, and Bankless Ventures.
  • Tenbin's approach connects on-chain assets directly to CME futures markets, avoiding traditional custodial wrapping methods.
  • Tenbin plans to launch its yield-bearing tokenized gold product in early 2026, partnering with Hidden Road and Ripple Prime. Expansion into currencies like the Brazilian Real and Mexican Peso is planned.
  • Bitcoin's correlation with gold dropped to zero, indicating divergence in value movement. Currently, 1 BTC buys 17.39 ounces of gold compared to 37.11 ounces a year ago.
  • Gold is projected to reach $4,000-$5,000 per troy ounce in 2026 due to Federal Reserve rate cuts and geopolitical tensions.
  • The market for tokenized real-world assets, excluding stablecoins, surpassed $33 billion in 2025.

Graph of Bitcoin / Gold ratio in 1 year | Source: LongTermTrends.com

Tokenized gold offers crypto traders exposure to potential gains while maintaining on-chain speed and composability.