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About Tenbin
Tenbin does institutional-grade real-world asset tokenization, issuing tokenized gold and FX products anchored to CME futures, using futures prices as the reference for onchain pricing and exposure. It targets tokenized commodities that rely on custodian quotes, trade thinly, settle slowly and drift from mainstream prices.
The mechanism defines price and exposure through futures contracts, backs issuance with on- and offchain collateral, mints and redeems in about thirty seconds with no fee in normal conditions, and passes futures basis yield to holders. This imports derivatives pricing efficiency onchain but concentrates counterparty and margin-management risk in the issuer, with transparency depending on its disclosure.
Tenbin Labs completed a $7 million seed round in January 2026, led by Galaxy Ventures with participation from Wintermute Ventures, FalconX, GSR, among others, establishing its capital foundation. Concurrently, it announced the deprecation of LayerZero and a full migration to Chainlink CCIP as its exclusive cross-chain infrastructure to enhance asset security and interoperability — a pivotal architectural decision. The company plans to launch its first yield-bearing tokenized gold (tGLD) in early 2026, achieving ~30-second minting and redemption through partnerships with prime brokers including Hidden Road and Ripple Prime, marking the start of productization. The roadmap extends to global FX (BRL, MXN, JPY, etc.), commodities, and energy products, aiming to build a comprehensive tokenization platform bridging traditional financial markets and the on-chain ecosystem. These milestones collectively outline Tenbin's trajectory from fundraising and technology upgrades to product deployment.
On May 18, 2026, Tenbin Labs announced it deprecated LayerZero and fully migrated all cross-chain bridging infrastructure to Chainlink CCIP as the exclusive cross-chain rail for its tokenized real-world assets (RWA).
Future strategy and roadmap: Triggered by an internal security audit, the migration covers all of Tenbin's tokenized assets tGLD, tMXN and tBRL (roughly $1 billion in bridged assets); CCIP was chosen for its 16 independent, audited node operators providing redundant validation, its SOC 2 Type 2 certification, and built-in risk controls such as automatic circuit-breaker rate limits. Going forward, Tenbin will scale distribution of tGLD, tMXN and tBRL across multiple chains under a unified, auditable Chainlink data standard, and continue onboarding more tokenized commodity and currency use cases.
Co-founder and CEO Yuki Yuminaga spent years trading rates and FX before moving into crypto, where he has angel invested in Clique, Intuition, Ion Protocol and Khalani.
Co-founder and CTO Jake Lang owns the contract architecture and liquidation logic, cutting minting and redemption to roughly thirty seconds.
Tenbin charges a 0.25% platform fee on its RWA assets, with a spread of about 40bps.