By Christie Chapman, Director of Marketing @ Centrifuge

Q2 saw Centrifuge continuing to drive the real-world asset narrative forward. This quarter has been packed with the closing of our Series A, two Real-World Asset Summits, exciting product updates, and even more. Read on to unpack the progress we've made over the past three months!

An oversubscribed Series A

In April, we announced that Centrifuge raised $15 million in an oversubscribed funding round co-led by ParaFi Capital and Greenfield. This new capital will fuel our growth and help us scale the adoption of institutional DeFi.

Centrifuge is growing!

We’ve expanded our team to support our growth and achieve our vision of creating a better financial system for all. We’ve welcomed several new members this quarter, including COO, Julia Merkel, and Head of Product, Sonam Josh.

Anemoy’s acquisition of NBRHD Capital saw Anil Sood become Co-founder at Anemoy and Head of Strategic Partnerships at Centrifuge.

As we grow, we’re continuing to hire for more roles. If you’re passionate about onchain finance check out our careers page to see if there’s a fit. We’d love to hear from you!

Setting new benchmarks in onchain finance

Our Product and Engineering teams have been hard at work leveling up the Centrifuge App. We’ve introduced advanced reporting tools that give fund managers deeper insights into their onchain investments, providing real-time analytics and unmatched transparency.

Token standards create a more efficient, accessible, and user-friendly decentralized finance ecosystem. Late last year, a new EIP aiming to revamp the tokenized vaults standard for RWAs was proposed. We’re pleased to report that the proposal, co-authored by Centrifuge, passed and ERC-7540 has been finalized.

Ecosystem growth

• Gnosis DAO’s investment in real-world assets via Centrifuge went live with an initial investment of $2M from their $10M allocation into Treasury Bills through the Anemoy LTF pool.

• Credbull became the latest asset manager to tokenize and launch a private credit fund on Centrifuge with an initial allocation of $10M by Plume.

• Anemoy successfully launched the DeFi Yield Fund on Centrifuge, demonstrating the versatility of Centrifuge’s fund management capabilities.

The ultimate side event

We’ve taken the Real-World Asset Summit global this year and it’s safe to say we’ve been the talk of (many) towns as a result.

This quarter, we hosted half-day events in Dubai (during TOKEN2049) and Austin (during Consensus). And most recently, a full-day event in Brussels (during EthCC).

100 speakers. 500 attendees. 25 partners. And we’re just getting started.

We’re excited about our upcoming summits in Singapore (during TOKEN2049) and New York as we move into the second half of the year.

Centrifuge in the Press

• Axios: Exclusive: Centrifuge raises $15 million in oversubscribed funding round

• McKinsey: From ripples to waves: The transformational power of tokenizing assets

• Deutsche Bank: Institutional Interoperability: How Financial Institutions Navigate a Multichain World 

• Binance: Navigating Crypto: Industry Map 

• Blockworks: Hey regulators, here’s how to get crypto right 

• Blockworks: Crypto Hiring: Polygon co-founder now has larger role 

• Bankless: Mapping the RWA Landscape