Centrifuge V3 Development Milestone: Governance Approves Token Architecture Update

**Grove Finance** successfully integrated the **JAAA fund** with minimal effort thanks to their prior experience with the **ERC-7540 standard** from previous JTRSY work. This demonstrates how **standardization streamlines onchain finance** operations: - Familiar standards reduce integration complexity - Previous experience with ERC-7540 made new fund adoption "very simple" - Shows the practical benefits of consistent technical frameworks The success builds on Grove Finance's collaborative approach to launching new funds, including JAAA and ACRDX, establishing a **replicable model** for future launches. This case study highlights how **technical standards create efficiency** in DeFi operations rather than requiring custom solutions for each integration.

**Centrifuge has partnered with S&P Dow Jones Indices** to bring the S&P 500 index onchain, creating new standards for index-linked assets in DeFi. The collaboration focuses on three key areas: - **Transparency** in index tracking - **Interoperability** across DeFi protocols - **Real-world impact** through programmable onchain products This partnership enables the creation of **programmable onchain index-tracking products**, allowing DeFi users to access traditional market indices through blockchain technology. The initiative represents a significant step toward bridging traditional finance with decentralized finance, making established market indices accessible within the DeFi ecosystem.

**ACRDX brings institutional credit onchain** with $50M deployment Centrifuge launched ACRDX, a tokenized version of Apollo Global's Diversified Credit Fund, in partnership with Plume Network and Grove Finance as anchor investor. **Key features:** - Direct exposure to Apollo's diversified credit strategies - Corporate lending, asset-backed credit, and distressed debt - Built on RWA-optimized Plume blockchain - Real-time data via Chronicle Labs oracles **Why it matters:** Tokenized credit represents a step toward Web3 maturity, offering risk-adjusted yields beyond crypto speculation. The fund enables programmable settlement and real-time reporting while removing legacy infrastructure constraints. RWAs are becoming the backbone of scalable onchain economies, with ACRDX providing institutional-grade asset management and 24/7 accessibility. Learn more at [centrifuge.io/blog/acrdx-launch-on-centrifuge](http://centrifuge.io/blog/acrdx-launch-on-centrifuge)

**Centrifuge partners with Sherlock and Blackthorn** for a major smart contract audit contest starting October 20. Key highlights: - **$100K in guaranteed rewards** for security researchers - Direct path to join Blackthorn team (no leaderboard rank required) - Focus on **real-world asset (RWA) security** - Elite collaboration between top audit firms The contest aims to strengthen smart contract security for onchain finance, offering unprecedented opportunities for white hat researchers to prove their skills and potentially land positions at leading security firms.

**TVVIN launches tokenized gold product** on Centrifuge V3's open, modular infrastructure. The platform connects tokenized assets with DeFi, bringing **institutional-grade gold onchain** efficiently and securely. **Key features:** - Built on Centrifuge's modular infrastructure - Enables institutional-scale asset tokenization - Connects traditional gold assets to DeFi ecosystem Centrifuge V3 allows institutions to **build, run, and distribute tokenized assets at scale**, supporting the broader movement of real-world assets onchain. [Read full story](https://medium.com/tvvin/tvvin-launches-tokenised-gold-on-centrifuges-open-infrastructure-1b3a0045c2f0)