Tenbin's tokenized gold and FX tradable on 1inch
1inch now supports three tokens from Tenbin Labs on Ethereum: Tenbin Gold (tGLD), Tenbin Brazilian Real (tBRL) and Tenbin Mexican Peso (tMXN).
Blue-chip stocks are what most people have in mind when talking about tokenized assets. But what if you want to think outside the box? Here is good news for you: gold and foreign currencies are now part of the mix on 1inch.
Tenbin Gold (tGLD), Tenbin Brazilian Real (tBRL) and Tenbin Mexican Peso (tMXN) are the first tokenized commodities and foreign exchange assets available through 1inch, expanding the range of real-world assets you can access onchain.
The issuer
Tenbin is a tokenization protocol that brings commodities, precious metals and currencies onchain. Its tokens are designed to track spot prices through futures-based hedging and institutional market access rather than relying on onchain liquidity alone. For tGLD, that means USDC collateral hedged with CME gold futures, so the token is designed to follow the spot price of gold.
The tokens
These are the tokens you can trade on 1inch:
- tGLD is designed to track the US dollar value of one troy ounce of gold.
- tBRL is designed to track the Brazilian real.
- tMXN is designed to track the Mexican peso.
All three are ERC-20 tokens on Ethereum.
Why tokenized commodities and FX?
According to rwa.xyz, tokenized commodities hold $4.87 bln in onchain value across 93 tracked assets as of August 2026, with gold in the top slot: Tether Gold and Paxos Gold alone account for over $4.5 bln.
Onchain foreign exchange is far younger territory. Non-USD currency tokens are still rare, and tBRL and tMXN are among the first emerging-market currency tokens with DeFi liquidity.
Attempts have been made to tokenize BRL before, but they’ve been held back by liquidity and regulatory issues. Tenbin’s approach has solved this to provide instant, atomic liquidity with competitive pricing against USDC.
For users, this fills a practical gap:
- Diversification without leaving DeFi. Gold and non-USD currencies have traditionally been used as counterweights to crypto volatility, and now they sit one swap away from any token in your wallet.
- Local currency exposure. For users who think in reals or pesos, a dollar stablecoin is itself a foreign currency position. tBRL and tMXN are designed to offer onchain exposure to a home currency.
- No market-hours friction. Onchain swaps do not close on weekends or holidays. Note that reference markets for gold and FX have their own trading hours, so short gaps between token price and spot price can appear outside them.
How to swap
- Open the 1inch dApp or 1inch Wallet
- Search for the ticker (tGLD, tBRL or tMXN)
- Swap from any supported token, with liquidity aggregated across sources for the best available rate.
Explore tokenized assets on 1inch.
Disclaimer: This content is for general information purposes only and does not constitute financial, investment, tax, or legal advice and is not a recommendation to buy or sell any particular digital asset or to employ any specific investment strategy. Subject to jurisdictional restrictions. tGLD, tBRL and tMXN are issued by Tenbin Labs, a third party. 1inch is not the issuer of these tokens and makes no representation or warranty as to their performance, price tracking or collateralization. Digital assets involve risk, including possible loss of value. These tokens may not be available in certain jurisdictions, and access is subject to applicable law and the restrictions set out in the 1inch Terms of Use.
Join us
