Tenbin Brazilian Real
TBRL

0.1960
$
0.01 %
Change 24h
Market Cap
$ 1,558,668
Volume 24h
$ 5.420
Circulating Supply
7,953,733
TBRL
$
# Exchange Pair Price Volume 24h

Description

Please refer to our tGLD application for our answer! We are an asset issuer, so we are launching a broad platform for RWAs. Tenbin Labs is building a new tokenized asset issuance protocol for Real World Assets (RWAs). We're starting with a focus on FX stables, gold, and commodities. Our design creates a new class of on-chain assets that are yield-bearing, readily swappable, liquidatable, and composable across the DeFi ecosystem. We will enable assets like gold to be yield-bearing and liquid on-chain for the first time, while unlocking on-chain FX carry trade strategies across BRL, JPY, CHF, and other currencies. Backed by $7 million from top-tier venture funds and market makers, we’re building a system where the marginal cost of issuing new assets and creating new on-chain capital markets approaches zero. As a result, users can easily diversify their exposure into a range of asset classes without liquidity and structural constraints. Tenbin Labs' vision is for tokenized assets to provide more utility than their off-chain counterparts (i.e. tokenized asset >>> off-chain asset).