Centrifuge’s Real-World Asset Vision Comes to Life in NYC

Centrifuge announces cross-chain launches, new ecosystem partners and institutional-quality assets to meet rapid demand for Real-World Assets.

New York City - September 19, 2023 – Centrifuge, the institutional platform for onchain credit, unveils a series of key announcements during their inaugural Real-World Asset Summit held today in New York City.

"We're proud to host some of the most expert voices and visionaries to discuss the intersection of credit and crypto – and how we can accelerate the institutional adoption of tokenization," said Lucas Vogelsang, CEO and Co-Founder of Centrifuge. "Today's Summit will be rich with insights, actions, and meaningful progress for the next wave of adoption for real-world assets."

Centrifuge announcements include:

Centrifuge Everywhere

Centrifuge is launching Liquidity Pools, a multi-chain product that allows investors to access real-world asset yields on the network of their choice. Testnets are live on Base and Arbitrum to bring a seamless experience to investors who want to access real world yield using liquidity on their preferred network.

"As we continue to see increased demand for real-world asset investments, we're looking forward to providing Base users with access to a diversified pool of institutional grade assets through our work with Centrifuge," said Jesse Pollak, Creator of Base, Head of Protocols at Coinbase.

Trusted Platform for DeFi

Aave will become the first DAO and one of the largest DeFi protocols to onboard to Centrifuge's new offering for DAOs, Centrifuge Prime. A first pilot transaction will see a $1M investment in a short-duration US treasury bill pool on Anemoy. An effort for increased transparency, and trustlessness started off with a proposal to MakerDAO for Centrifuge's Proof of Portfolio project to offer improved transparency and third-party verification of onchain assets.

Built for Institutions

Centrifuge continues to align an ecosystem of partners building rails for institutions to come onchain including Circle, for native USDC and easy on and offramping for investors and issuers, and Mauve, a compliant secondary market provider. A collaboration with Chronicle Labs brings access to real-time price feeds to Centrifuge Pools - a feature that no other RWA platform is providing today.

A Complete Portfolio Through One Platform

The best real-world asset portfolio is a diversified one. That’s why Centrifuge is excited to announce new pools on the app. Anemoy Capital, a web3 native asset manager, brings tokenized liquid t-bills to Centrifuge. New Silver, after three years and $90 million in loans financed, onboarded with Ankura as a trustee to improve bankruptcy remoteness and increased its credit line from Maker to $50 million at the end of August. Flowcarbon, focused on leveraging blockchain to increase transparency in the carbon markets, is working on their second pool on Centrifuge in partnership with Celo. Through Centrifuge, investors can get an all-in-one real-world asset portfolio to meet comprehensive investment mandates and goals.

Pioneering Industry Collaboration

In recent weeks, Centrifuge spearheaded the establishment of the Tokenized Asset Coalition, a collaborative initiative uniting key industry players around real-world asset tokenization. The coalition, composed of Aave Companies, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch and RWA.xyz, aims to bring the next trillion dollars of assets onchain through real-world asset tokenization, education and advocacy.

As interest and demand for real-world assets continues to accelerate, Centrifuge will continue to strive to bring together the most important minds in the space to positively shape the industry and maximize its potential to create a better financial system.

About Centrifuge

Founded in 2017, Centrifuge is the institutional platform for onchain credit. Notable firsts include minting MakerDAO’s first real-world asset, structuring the first onchain securitization, launching the RWA Market with Aave and bringing the first credit fund’s operations onchain with BlockTower. Centrifuge provides both the infrastructure and ecosystem to tokenize, manage, and invest into a complete, diversified portfolio of real-world assets.

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