Centrifuge, the platform building better technology for financial products, is partnering with Chronicle to enhance transparency for the Anemoy Liquid Treasury Fund (LTF) by providing real-time price updates and third-party verification via a decentralized RWA Oracle. This integration enhances transparency for stakeholders, providing visibility into the fund’s full portfolio, including cash movements and offchain holdings. Oracles bridge the gap between blockchains and the external world, enabling smart contracts to operate using real-world data.
With Chronicle’s RWA Oracle, Centrifuge now enables trustless tracking of the entire Net Asset Value (NAV) of LTF onchain. This allows stakeholders to verify all aspects of the fund – from onchain holdings to the granular list of assets at the fund’s custodian – in a more transparent, accessible, and reliable way.
Nik Kunkel, Founder of Chronicle, said, “Our partnership with Centrifuge and Anemoy demonstrates how decentralized oracles can bring a new level of trust and transparency to real-world assets. With Chronicle’s RWA Oracle, investors gain an unopinionated, verifiable view of the LTF, improving their confidence in the asset’s security and stability.”
Anil Sood, Co-Founder of Anemoy, added, “This collaboration is a game-changer for fund transparency. Investors can now see the exact composition of the Liquid Treasury Fund, verified in real-time, which strengthens the reliability of the fund and makes it easier to manage.”
Jeroen Offerijns, CTO of Centrifuge, commented, “Bringing the RWA Oracle into our platform enhances the transparency of onchain assets, giving investors access to verified, real-time data. It aligns perfectly with Centrifuge’s mission to bridge the gap between traditional finance and decentralized finance.”
Key benefits of this integration include:
Real-Time Transparency: Stakeholders can continuously track the full portfolio, from onchain balances to offchain assets.
Accurate Pricing: Chronicle’s RWA Oracle provides cost-efficient and verifiable, decentralized price feeds for ‘real world assets’ and any value that originates offchain.
Verified Data: Centrifuge’s Proof of Portfolio dashboard offers real-time reporting, verified by third-party sources like Trident Trust and Chronicle.
By combining Centrifuge’s tokenization technology with Chronicle’s RWA oracle, Anemoy delivers a new level of transparency and reporting for real-world assets, providing investors with confidence and clarity.