Centrifuge reports 300% growth in tokenized assets to nearly $4B

RWA Signal Insight
InfrastructureCentrifuge has emerged as a critical infrastructure provider for real-world asset (RWA) tokenization, facilitating growth from $12 million to nearly $4 billion in ecosystem-supported assets. While the broader decentralized finance market faced significant contraction, Centrifuge’s platform reached a reported TVL between $1.3 billion and $1.8 billion. This growth is largely driven by institutional adoption, including a notable $1.3 billion contribution from Janus Henderson’s JAAA fund in 2025. Furthermore, New York Life Investment Management partnered with the platform in June 2026 to launch a tokenized high-yield corporate bond fund. Unlike speculative DeFi models, these assets derive value from external interest payments, providing a more durable financial foundation. By solving complex legal and compliance challenges, Centrifuge has successfully bridged traditional asset management with blockchain technology. This shift highlights a broader institutional trend toward on-chain distribution for massive asset classes like corporate bonds.
Key points
- Centrifuge ecosystem assets grew to nearly $4 billion, with platform TVL exceeding $1.8 billion.
- Janus Henderson’s JAAA fund contributed approximately $1.3 billion in tokenized assets during 2025.
- New York Life Investment Management launched a tokenized high-yield corporate bond fund on June 30, 2026.
- Centrifuge supports 1,768 distinct assets, focusing on legal and compliance frameworks for institutional use.
Background
Centrifuge is a decentralized protocol designed to bridge real-world assets to the blockchain by providing the necessary infrastructure for tokenization. It enables asset originators to fund their portfolios by converting traditional financial instruments, such as invoices or bonds, into on-chain tokens. The platform focuses on the unglamorous but essential aspects of RWA, including legal structuring, compliance, and integration with institutional custody solutions.