2025-12-10 20:33:41

Big moves in the crypto space! TenX Protocols just locked in $33 million in fresh funding and started trading on the Toronto Venture Exchange. Their ticker? $TNX.

Here's what makes this noteworthy: they're claiming to be the first publicly-traded company offering direct exposure to $SEI, $SUI, and $SOL ecosystems. That's bridging traditional markets with some of the hottest Layer-1 networks right now.

For investors who've been sitting on the sidelines, this opens up a regulated path to gain exposure without diving into wallets and exchanges. Whether this becomes a trend or just an experiment, it's definitely a signal that institutional access to alt-L1s is expanding.

SEI-3,17%

SUI-3,49%

SOL-3,07%

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ChainBrain

· 2025-12-13 17:01

TenX's move is truly excellent, directly connecting the traditional market and L1 ecosystem, saving those institutions from having to learn how to use wallets... Just not sure how the SEC will view this.

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FloorPriceNightmare

· 2025-12-13 05:24

Traditional finance finally remembers us, but how far this path can go remains uncertain.

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LiquidityHunter

· 2025-12-13 02:13

33 million financing? I need to check the liquidity depth of this TNX on the Toronto Stock Exchange late at night. Seems like there might be an arbitrage opportunity.

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RetailTherapist

· 2025-12-10 21:03

33 million funding? Wow, traditional exchanges are starting to get competitive too. SE I, SUI, SOL all at once—are they trying to get institutional investors on board as well? Honestly, it still depends on whether institutions will really buy in. Will institutional investors really drive prices up? I’m a bit skeptical. Wait, this is a Canadian exchange... is compliance really not an issue? Retail investors are becoming institutional investors in seconds again, haha.

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StakeOrRegret

· 2025-12-10 20:56

Traditional exchanges open alt-L1 channels? It's about time, retail investors can finally get on board. TNX is listed on the Toronto Stock Exchange, now institutional recognition is skyrocketing. 33M in funding isn't much; can the SEI ecosystem handle this? That's interesting. The regulated path sounds great, but I doubt the liquidity is that good. Those who have been waiting for so long are lucky; no need to keep fussing with wallets. Packaging three ecosystems for sale— is this a lazy solution or genuine sincerity? Hard to tell.

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AirdropFatigue

· 2025-12-10 20:56

Nano Disk? This is the beginning of institutional entry!

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EyeOfTheTokenStorm

· 2025-12-10 20:42

Wait, $33M and you dare to call it "big moves"? This scale is really trivial at the institutional level... But then again, using regulated channels to onboard alt-L1s is indeed a new tactic; previously, you had to tinker with wallets yourself. From a quantitative perspective, whether these products can keep up with liquidity is the key; otherwise, they are just high-fee harvesters. The signal of institutional entry is visible, but be cautious that this might just be the prelude to another wave of high-level buy-ins... I saw the same pattern in 2017 with the launch of various "first" products. Looking at the technical side, these kinds of concept stocks often have short-term speculative potential, but before the macro cycle turns, I still prefer to trade T rather than hold long-term. It’s essential to understand this from the fundamental changes in market structure, not just by looking at financing amounts.

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SnapshotStriker

· 2025-12-10 20:35

NGL, traditional finance and Web3 are really about to collide. The move of listing TVE is quite bold. But to be honest, institutional entry is a double-edged sword... What about the original intention of decentralization? $TNX is going to be hot. SEI and SUI exposure are laid out clearly for you.

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