Centrifuge

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: 𝗙𝘂𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: We're building the most efficient and user-friendly fund management platform onchain. Managers can launch funds, tokenize assets, and offer investment opportunities — all through Centrifuge. 𝗢𝗻𝗰𝗵𝗮𝗶𝗻 𝗨𝘁𝗶𝗹𝗶𝘁𝘆: 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. 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗚𝗿𝗼𝘄𝘁𝗵: 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. 𝗡𝗲𝘄 𝗧𝗮𝗹𝗲𝗻𝘁: 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, ParaFi Capital "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 Machart, Greenfield Capital 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. ParaFi Capital • Greenfield Capital • Arrington Capital • Bloccelerate VC • Circle Ventures • Edessa Capital • Gnosis Ventures • IOSG Ventures • Re7 Capital • Scytale Digital • Skynet Trading • The Spartan Group • Modular Capital • Stake Capital Group • TRGC • Wintermute • Stefan George • Lyuben Belov

Say hello to the first RWA lending market on Coinbase's Base using the Morpho Labs Protocol. Steakhouse Financial and Re7 Capital will curate the Morpho Vaults which include collateral from Centrifuge, Midas, and Hashnote. This is the first institutional grade lending market integrated with Coinbase Verifications, allowing investors to streamline their onboarding process seamlessly through a single click. Collateralize and borrow against: • Anemoy's Liquid Treasury Fund (LTF) • Midas's Short-Term US Treasuries (mTBILL) • Hashnote's US Yield Coin (USYC) "We think it's ideal to collectively gather lender liquidity alongside other issuers in Morpho Vaults to drive as much size and efficiency as possible." - Lucas Vogelsang, Co-founder of Centrifuge. This launch represents lots of firsts in the DeFi space: • First multi-issuer RWA market • First RWA market on Base • First application of Coinbase Verifications for this use case Learn more about how this new market is shaping the future of institutional DeFi and RWAs: https://lnkd.in/gmFGeQDb

→ Kicking off a new era for onchain institutional lending Today's collaboration marks the start of a strong push to bring institutional lending onchain. For the first time, Coinbase attestations are leveraged on Base (Ethereum L2) by Morpho Vaults to get access to permissioned markets. Steakhouse Financial & Re7 Capital, are curating permissioned USDC vaults against different RWA as collaterals including Centrifuge Anemoy’s Liquid Treasury Fund (LTF), @MidasRWA Short Term US Treasuries (mTBILL), and Hashnote US Yield Coin (USYC). → Ethereum Attestation Service X Coinbase Attestations Coinbase attestation leverages the Ethereum Attestation Service. It’s an open-source infrastructure public good for making attestations onchain or offchain. Coinbase users who have completed KYC automatically receive an attestation on Base. These attestations can restrict access to trusted individuals—a crucial feature for institutional investors who must maintain regulatory compliance. → Permissioned Markets The underlying permissionless token (like USDC) can be wrapped in a permissioned version, gated by a specific attestation. A market using this permissioned token can then be created on Morpho (e.g., RWA/gatedUSDC market). Due to Morpho's infrastructure and market isolation, this doesn't affect other markets. Only restricted users can access the market, limiting risk and ensuring that lenders and borrowers know they are compliant. → UX The UX is kept smooth as the (un)wrapping from/to the permissioned token is done on the fly thanks to the bundler contract. The user having an attestation, thus, can supply native USDC into the permissioned market without noticing it. → Institutional-grade Infrastructure These vaults represent a significant step in building reliable onchain financial products for institutions and fintechs tapping into Base’s efficiency & scalability, leveraging Coinbase's large network of users, and Morpho's permissionless infrastructure.

Re7 Labs is excited to announce the launch of our latest initiative showcasing the capabilities of Morpho Blue, developed by Morpho Labs, through our new 𝗥𝗲𝟳𝗥𝗪𝗔 𝘃𝗮𝘂𝗹𝘁. In partnership with Centrifuge, Midas, and Hashnote, this vault integrates Coinbase Verifications to ensure a seamless and efficient onboarding process. The market represents a significant step in creating new financial onchain infrastructure including: • First market launched with multiple RWA issuers: consolidating liquidity and giving market participants ultimate flexibility. • First RWA Market on Base: Tapping low fees and huge scalability potential. • First institutional use case of Coinbase Verifications: Streamlining onboarding and user experience. Learn more about this collaboration and the launch below 👇 https://lnkd.in/exz9_Sju Lucas Vogelsang Leo Mizuhara Paul Frambot Brian Armstrong

Hashnote is delighted to announce our partnership with Centrifuge and Morpho Labs in launching the first institutional real-world asset #RWA lending market on #Base at Coinbase. This initiative is underpinned by several key components: ✅ Strategic Collaboration with Centrifuge and Morpho to Consolidate Liquidity: By bringing together collateral from Centrifuge, Midas, and Hashnote, the partnership aims to create a more efficient and flexible lending environment. This consolidation of liquidity is essential for building a robust market that can meet the diverse needs of institutional participants. ✅ Streamlined and Secure Onboarding with Coinbase Verifications: The integration of Coinbase Verifications simplifies the onboarding process for institutional investors, ensuring that only verified participants can access the market. This enhances security and compliance and improves the overall user experience, making it easier for institutions to engage with DeFi markets. ✅ Pioneering the Future of DeFi Infrastructure: This partnership is a significant milestone in developing on-chain financial infrastructure, providing a model for future #RWA markets. By leveraging the strengths of Centrifuge, Morpho, and Hashnote, this initiative sets a new standard for institutional participation in DeFi. Read the full announcement on CoinDesk -> https://lnkd.in/exz9_Sju

We're thrilled to partner with Centrifuge and Hashnote to bring institutional-grade yield to #Base via Morpho Labs innovative platform 🎉 Deposit USDC into the Morpho vaults, managed by Re7 Capital and Steakhouse Financial, and gain exposure to the risk-free rate through: 🔵 Midas' mTBILL token 🔵 Centrifuge's Anemony fund 🔵 Hashnote's USYC token Read on below 👇 https://lnkd.in/exz9_Sju

Say hello to the first RWA lending market on Coinbase's Base using the Morpho Labs Protocol. Steakhouse Financial and Re7 Capital will curate the Morpho Vaults which include collateral from Centrifuge, Midas, and Hashnote. This is the first institutional grade lending market integrated with Coinbase Verifications, allowing investors to streamline their onboarding process seamlessly through a single click. Collateralize and borrow against: • Anemoy's Liquid Treasury Fund (LTF) • Midas's Short-Term US Treasuries (mTBILL) • Hashnote's US Yield Coin (USYC) "We think it's ideal to collectively gather lender liquidity alongside other issuers in Morpho Vaults to drive as much size and efficiency as possible." - Lucas Vogelsang, Co-founder of Centrifuge. This launch represents lots of firsts in the DeFi space: • First multi-issuer RWA market • First RWA market on Base • First application of Coinbase Verifications for this use case Learn more about how this new market is shaping the future of institutional DeFi and RWAs: https://lnkd.in/gmFGeQDb

The meme is over – the institutions are here. As giants like BlackRock and Goldman enter the tokenization space, a debate emerges: public or private blockchains? Are we at risk of repeating previous mistakes with infrastructure powering the financial system? Let's break down the key differences: Public Chains: • Transparency: Every transaction is recorded on a publicly accessible ledger. • Interoperability: Transact across networks with enhanced liquidity and market access. • Innovation: Continuous improvement driven by the global developer community. Private Chains: • Control: Managed by single entities. • Customization: Supports unique business processes and workflows. • Security: Introduce centralization risks. The primary drivers for institutional adoption of tokenization are efficiency, liquidity, and access to new markets—which align closely with public chains while embodying the DeFi ethos of an open, transparent, and accessible financial system. What's your take? Image from investax .io

Oracles are essential for tokenizing private credit. Moody's Ratings dove into this in a recent report highlighting how tokenization can make private credit less opaque. At their core, oracles bridge onchain and offchain data: • Borrower financial health • Collateral status • Investment structures • Investor protection clauses This data powers smart contracts and enhances transparency. Oracles can add trust to tokenized private credit through: • Real-time price feeds • Asset ownership verification • Legal document verification Shoutout to our friends Chronicle Labs | Protocol, who are leading the charge in accelerating innovation by making high-quality oracles more affordable. Want to dive deeper into the world of tokenized private credit? Check out the recent Moody's report ↓ https://lnkd.in/eASiJRaj

What do you see in this video? If you said the best way to wrap up an RWA Summer—you're right. Nothing beats our flagship New York Summit. • 250 hand-picked speakers and attendees • Two days split between panels and interactive sessions • Plenty of time to network at the beautiful William Vale Want to get in on the experience? You have one more week to lock up early bird pricing. Apply here: rwasummit .io/new-york-2024