Tokenization startup Tenbin Labs has successfully raised $7 million in a seed funding round led by Galaxy Ventures. The round also saw participation from Wintermute Ventures, GSR, and FalconX, among others. Tenbin Labs plans to introduce its first tokenized gold product early this year, followed by high-yield forex tokens linked to emerging market currencies like the Brazilian real and Mexican peso. These offerings aim to attract DeFi users looking for alternatives to US dollar stablecoins.
Tenbin Labs Secures $7M Seed Funding for Asset Tokenization
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