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
🔴 @centrifuge Secures $15M to tokenize real-world assets Two months ago, Centrifuge won a price at the TBW Awards 2024! "By integrating real-world assets with blockchain, Centrifuge transforms traditional finance" explains @Louis_Tellier 👇 https://t.co/f9WNEkT1pc
Imagine being able to lend and borrow against your RWA positions on Centrifuge. A new proposal by @lucasvo makes this possible, via a Centrifuge RWA lending market deployed on @base. In today's fundraise announcement, Coinbase's @SmartestBeta commented on this proposal, "We… https://t.co/9jR2BbwBbG
Tokenized credit platform Centrifuge raises $15M, plans institutional RWA lending on Coinbase's Base @sndr_krisztian reports https://t.co/O6uAPvCQO7
JUST IN: @CENTRIFUGE RAISES $15 MILLION SERIES A
Centrifuge raises $15 million in Series A funding for institutional DeFi adoption https://t.co/dS5jyXd9d7
We are excited to co-lead the $15M Series A of @centrifuge together with @paraficapital. See the thread about why we are backing Centrifuge. TL;DR: Centrifuge’s position in the tokenizing RWA market is unique and primed for further massive growth due to 1. solid and efficient… https://t.co/mbq3C6CDSB
Excited to support @centrifuge for their next chapter of progress! Check out this exclusive piece from @axios’s Crystal Kim: Centrifuge raises $15 million in oversubscribed funding round https://t.co/Y4PJ9pawTS
EXCLUSIVE: Centrifuge, a platform dedicated to turning real world assets (RWAs) into loans, has raised $15 million in Series A funding led by ParaFi Capital and Greenfield. https://t.co/DIadfL2oXd
Congrats to @centrifuge on their $15M raise! Backed by Wintermute Ventures, Centrifuge is a leading RWA tokenization platform, bringing DeFi innovations to institutions in a compliant way Excited to support @lucasvo & the team as they drive the adoption of institutional DeFi 🚀 https://t.co/HEVx3ymn0b
💰 @centrifuge secures $15M in Series A funding to expand institutional #DeFi. Focus areas: efficient onchain fund management, more DeFi integrations, ecosystem growth, and strategic hires. https://t.co/rJ10AmkNZ4
TWO huge announcements in ONE day! 💰 @centrifuge raises $15 million in oversubscribed funding round: https://t.co/vDKNnC0tIg 🏛️ Proposal made to the DAO to build an RWA Lending Market on Base: https://t.co/V2f7WUG9e5 It's a great time to be alive folks! https://t.co/2yq8yzOHi2
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: ↓… https://t.co/xYJ57Kai1K