Galaxy Digital Leads $7M Funding Round for Tenbin to Revolutionize Tokenized Gold and Forex Markets

Galaxy Digital, the prominent digital asset and blockchain leader founded by Mike Novogratz, has spearheaded a $7 million investment round in Tenbin. This strategic funding aims to propel the development of Tenbin's innovative platform, which is engineered to build enhanced and more efficient markets for tokenized gold and foreign exchange (FX). The initiative seeks to address existing liquidity and accessibility challenges in the traditional commodity and forex sectors by leveraging blockchain technology. By creating improved digital representations of physical gold and major currency pairs, Tenbin targets institutional and sophisticated investors looking for reliable crypto-based exposure to these foundational asset classes. This move underscores the growing institutional confidence in tokenization as a key driver for the future of finance, merging the stability of traditional assets with the innovation of decentralized infrastructure.