Galaxy Digital led an investment round in Tenbin Labs to build better and faster FX and tokenized gold markets. The investment aims to improve its infrastructure, which will aid price formation and institutional access.
Galaxy Digital decided to invest in Tenbin Labs’ business model because it pairs tokenized instruments with highly liquid CME futures, such as COMEX gold contracts and major FX futures. This allows access to regulated, real-time futures prices.
Tenbin, in turn, is characterized by its ability to execute trades in the CME markets, arbitraging or hedging against discrepancies between the tokenized market and traditional markets. The company expects that these liquidity dynamics will facilitate more efficient arbitrage and create profit opportunities through base-based strategies.
Galaxy’s strategic rationale and the key role of Tenbin Labs
The main reason Galaxy Digital was the lead investor is that the company aims to bridge the gap between TradFi and blockchain-native capital markets. One of the steps it has already completed is tokenizing its Class A shares in Solana.
Galaxy sees tokenized gold and FX as accessible markets that expand its market-making and advisory franchises while offering institutional clients a familiar regulatory anchor.
Galaxy presented the investment in Tenbin Labs as a way to reduce friction for traditional institutions by pairing tokenized products with CME liquidity and oversight. This combination aims to increase institutional confidence in on-chain instruments and accelerate the deployment of compliant market infrastructure.
Another important aspect of the agreement is that Tenbin handles the custody of physical assets, as well as audits and certifications. It also ensures confidence in regulated futures, making it a significant step forward for investors and institutions and setting the company apart.
