
Image: https://x.com/tenbinlabs/status/2016152098170450211
On January 27, 2026, Galaxy Digital’s venture capital arm, Galaxy Ventures, led a $7 million seed round for Tenbin Labs, a startup focused on tokenizing emerging assets. The project aims to build a blockchain-based market for tokenized gold and foreign exchange (FX) assets by introducing more effective market pricing and efficient settlement processes.
The round also drew participation from industry leaders including Wintermute Ventures, GSR, Variant, Archetype, and FalconX, signaling strong market interest in on-chain infrastructure for real-world assets (RWA).
Tenbin Labs stands out by reimagining market infrastructure rather than simply putting assets on-chain. Most traditional tokenization models rely on custodians to bundle physical assets into digital tokens, but these often suffer from thin liquidity, slow settlement, and prices that disconnect from actual market values.
Tenbin uses CME futures contracts as its price anchor and risk hedging foundation, allowing its tokens to closely reflect real market prices and capture futures basis returns, which are distributed to token holders. This approach is designed to boost usability, liquidity, and pricing accuracy for tokenized assets in the DeFi ecosystem.
The first product will be tokenized gold, slated for launch early this year, with plans to expand to emerging market FX tokens such as the Brazilian real and Mexican peso.
Galaxy Digital’s investment highlights its long-term strategy for on-chain real assets and DeFi infrastructure. As a full-service digital asset financial platform, Galaxy Digital has established itself in crypto trading, asset management, and investment banking, while its venture capital arm actively invests in foundational infrastructure projects.
Tenbin’s innovative model aligns with Galaxy’s goal of bridging traditional finance and decentralized ecosystems. This type of infrastructure could become a key access point for mainstream DeFi and institutional investors to participate in commodity and FX markets.
Recent data shows Galaxy Digital Inc. (GLXY) trading near $31, with daily fluctuations in the $31.11–$33.21 range and a broad annual trading band.
Despite short-term volatility, GLXY’s 52-week performance reflects upward potential, supported by its footprint in growth sectors like tokenization infrastructure, data centers, and digital asset financial services, as well as positive market expectations.
Tokenized gold and FX are key to bringing traditional commodities and currency markets into decentralized ecosystems, with demand for these products steadily rising. Gold’s status as a classic safe-haven asset makes its integration with DeFi especially appealing, while emerging market FX tokens offer new options for users seeking higher yields and cross-border transfers.
Tokenized assets are seen as a vital bridge between TradFi and DeFi, but their adoption still faces challenges such as regulatory compliance, market structure risks, and technical and protocol security. GLXY’s stock performance also remains sensitive to macroeconomic conditions and crypto market sentiment. Investors should carefully evaluate their own risk tolerance.





