BlockBeats news: On January 27, tokenized asset startup Tenbin Labs announced via Twitter that it has completed a $7.1 million funding round, led by Galaxy Ventures, with participation from Wintermute Ventures, GSR, Uniswap, Nascent, Variant Fund, FalconX, and others.
Tenbin has introduced a brand-new tokenization model that enables fast, scalable issuance and redemption, initially applied to yield-bearing foreign exchange, precious metals, and commodities. Tenbin leverages global liquidity from traditional exchanges such as the Chicago Mercantile Exchange (CME), combined with the speed and composability of stablecoins like USDC, to create truly liquid and income-generating tokenized assets.


