Tenbin Labs Raises $7 Million to Launch Institutional-Grade Tokenized Gold and FX Platform

New updates have been reported about Tenbin Labs.

Tenbin Labs has secured a $7 million seed round led by Galaxy Ventures, with participation from Wintermute Ventures, FalconX, GSR, Nascent, Variant, Archetype, Bankless Ventures and others, to build what it describes as next-generation infrastructure for tokenized real-world assets. The New York–based company is designing a tokenization protocol that directly links onchain assets to major derivatives markets, starting with CME futures, with the goal of making tokenized gold, FX, and commodities more liquid, faster to settle, and yield-bearing relative to their offchain equivalents. Tenbin’s model integrates traditional market liquidity and pricing with DeFi composability, enabling its tokens to tap both institutional carry and onchain stablecoin yields, positioning the firm to benefit from a tokenization market that Deutsche Bank research estimates could grow from $33 billion in 2025 to $3–4 trillion by 2030.

Built around a dual onchain/offchain collateral structure and structured exposure mechanism, Tenbin’s protocol targets approximately 30-second minting and redemption times on Ethereum, zero mint/redemption fees in normal conditions, and seamless use of its tokens as collateral across DeFi venues, addressing current pain points of shallow liquidity, slow settlement, and price dislocations in existing tokenized assets. Co-founder and CEO Yuki Yuminaga framed the strategy as rebuilding the issuance and liquidity stack, rather than simply wrapping assets, to ensure onchain instruments are more useful than their traditional counterparts in terms of tradability, settlement, and capital efficiency. Tenbin plans to launch its first product—a yield-bearing tokenized gold asset—in early 2026, supported by integrations with major market makers and prime brokers including Hidden Road, Ripple Prime, and additional partners to be named, before expanding into global FX (e.g., BRL, MXN, JPY), broader commodities, and energy products. For executives and institutional allocators, Tenbin is positioning itself as foundational infrastructure for onchain capital markets, aiming to unlock scalable, institution-grade exposure to real-world assets with improved liquidity, yield, and operational performance.