Tenbin Labs Raises $7.1 Million, Led by Galaxy Ventures

BlockBeats News, January 27th, Tokenization asset startup Tenbin Labs announced the completion of a $7.1 million financing round, led by Galaxy Ventures, with Wintermute Ventures, GSR, Uniswap, Nascent, Variant Fund, FalconX, and others participating.

Tenbin has introduced a new tokenization model that enables rapid, scalable minting and redemption, first applied to yield-generating forex, precious metals, and commodities. Leveraging global liquidity from traditional exchanges such as the Chicago Mercantile Exchange (CME) and combining the speed and composability of stablecoins like USDC, Tenbin creates truly liquid and yield-generating tokenized assets.