Centrifuge

Centrifuge, a platform for on-chain finance, has reported impressive growth during the ongoing crypto bear market. The platform has minted 1,500 real-world assets (RWAs) with a total value locked (TVL) exceeding $270 million. Additionally, Centrifuge has facilitated over $500 million in financing through its platform. This growth suggests that smart money within the crypto space has diversified into stable yield-generating assets like RWAs during the market downturn. The platform anticipates further growth for its native token CFG and expects more traditional finance liquidity to be injected into the platform this year.

Centrifuge, a platform for on-chain finance, shared a report authored by a member of the Credit Group at MakerDAO. The report focuses on real-world assets (RWA) and tokenization, an area that has been a priority for Centrifuge since its early collaboration with MakerDAO in 2020 to diversify collateral. The author, known for their analysis in this field, aims to help crypto projects better access and manage their treasury holdings through these reports.

Various perspectives were shared in a debate about the future of stablecoins. While @nic__carter believes in many competing stablecoins, @sgleahy disagrees saying thousands will not work. @AesPoker predicts a few winners along with alternative coins in specific markets. A lively and informative discussion unfolded in the report.

Participants have 1 month left to claim their 2021 CFG crowdloan rewards as no new rewards will be minted after April 5. Detailed information and instructions can be found in the thread below.

Centrifuge is recognized for its leadership in the RWA space, with a strong foundation built by the team's years of expertise. They are paving the way for decentralized onchain credit in a reliable manner.

Centrifuge partners with Finoa_io to offer tokenized treasury bills to institutional clients via Anemoy's Liquid Treasury Fund. Don't forget to read the stablecoin report!

Centrifuge has partnered with BaFin-licensed crypto custodian Finoa.io to offer tokenized treasury bills via Anemoy's Liquid Treasury Fund to institutional clients. Finoa will custody real-world asset investments for Centrifuge's customers.

The Real-World Asset Summit is expanding globally in 2024. Check out the full list of dates on their website.

At the @stable_summit, it was emphasized that behind every successful stablecoin lies a real-world asset.

Centrifuge's governance proposal aims to implement a 0.4% fee on loans made through the real-world asset protocol. This fee is expected to generate approximately $4M in revenue for the Centrifuge treasury in 2024.