Centrifuge Launches Multi-Chain Real-World Asset Tokenization Platform

Source
JH Kim

Summary

  • Centrifuge announced the launch of a multi-chain real-world asset tokenization platform.
  • The platform was developed in collaboration with Wormhole, enabling asset management across multiple blockchains.
  • The first target is the assets of Anemoy's U.S. Treasury investment fund.

According to CoinDesk, a cryptocurrency-focused media outlet, Centrifuge (CFG), a decentralized lending protocol based on real-world assets (RWA), has recently launched Centrifuge V3, a multi-chain real-world asset tokenization platform.

The platform was developed in collaboration with the multi-chain messaging protocol Wormhole, and is designed to allow fund managers and investors to manage tokenized assets across multiple blockchains through a single interface.

Centrifuge V3 will initially handle the tokenized assets of a $230 million U.S. Treasury investment fund by the crypto asset management firm Anemoy.

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JH Kim

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