Centrifuge is bridging the gap between tokenization and DeFi.
Today, @Centrifuge has announced its Series A funding to power their mission to drive widespread adoption of institutional DeFi. ๐
Today, @Centrifuge has announced its Series A funding to power their mission to drive widespread adoption of institutional DeFi. ๐
Centrifuge has raised $15M to scale the adoption of institutional DeFi.
With this round of Series A funding secured, we're excited to share our key focuses for Centrifuge's development, innovation, and adoption across the worlds of traditional and decentralized finance: โ
๐๐๐ป๐ฑ ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐: We're building the most efficient and user-friendly fund management platform onchain. Managers can launch funds, tokenize assets, and offer investment opportunities โ all through Centrifuge.
๐ข๐ป๐ฐ๐ต๐ฎ๐ถ๐ป ๐จ๐๐ถ๐น๐ถ๐๐: We're continuing to build more integrations for lending, borrowing, and investing in real-world assets, taking advantage of the entire DeFi ecosystem's composability and utility.
๐๐ฐ๐ผ๐๐๐๐๐ฒ๐บ ๐๐ฟ๐ผ๐๐๐ต: Through being a founding member of the Tokenized Asset Coalition as well as hosting the global Real-World Asset Summit, we're fostering an industry where a rising tide lifts all boats.
๐ก๐ฒ๐ ๐ง๐ฎ๐น๐ฒ๐ป๐: Key hires to our core team will accelerate Centrifuge's development and adoption.
"The Centrifuge team is a leader in real-world asset tokenization, taking a deeply thoughtful approach to design decisions around legal, regulatory, and smart contract architecture. We believe we're reaching an inflection point in institutional adoption and are excited to double down with the Centrifuge team." - Ben Forman, @paraficapital.
"We firmly believe that Centrifuge is poised to claim significant portions of this market. Having pioneered their category, the team demonstrates unwavering resilience through many years of commitment across several market cycles. Their expertise in navigating the intricacies of integrating real-world assets into decentralized finance is unparalleled." - @felix_macht, @greenfield_cap.
We're grateful for Centrifuge's supporters who share our vision of a better financial system onchain. As we move forward, we're more enthusiastic than ever about creating a more efficient, fair, and inclusive financial system. ๐View quoted post on X
