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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.

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