Tenbin Raises $7M Led by Galaxy Digital for Tokenized Gold, Currency Products

Galaxy Ventures, a division of Galaxy Digital, led a $7 million seed funding round for Tenbin Labs, a startup building blockchain infrastructure for tokenized gold and foreign exchange markets, with a different approach from the traditional wrapped tokens. The funding round attracted participation from major crypto market makers, including Wintermute Ventures, GSR, and FalconX, as well as venture firms Nascent, Variant, and Bankless Ventures, according to their announcement. Tenbin differentiates itself b ...