
Centrifuge, a platform specializing in the tokenization of real-world assets (RWAs), has successfully raised $15 million in an oversubscribed Series A funding round. The funding, led by ParaFi Capital and Greenfield, with additional support from Wintermute Ventures, Borderless Capital, Arrington Capital, Circle Ventures, and others, aims to scale the adoption of institutional decentralized finance (DeFi). Centrifuge plans to use the funds to enhance efficient onchain fund management, expand DeFi integrations, grow its ecosystem, and make strategic hires. A significant development includes a proposal to build an RWA Lending Market on Coinbase's Base, which was highlighted during the funding announcement.
We are thrilled to announce our latest investment in the Series A funding of @centrifuge to accelerate its products across the worlds of traditional and decentralized finance. https://t.co/33umE5NRYa
1/ Excited to announce that @borderless_cap is participating in the Series A funding round of @centrifuge alongside @ParaFiCapital, @greenfield_cap, @Arrington_Cap, @circle_ventures, @bloccelerate, and others. https://t.co/O9WN61kse4
Tokenized credit platform Centrifuge raises $15 million and plans institutional RWA lending on @Coinbase's Base https://t.co/5GUg9N4mrd






