C

Centrifuge

centrifuge.io →·61 stories in our coverage

Onchain asset tokenization protocol for private credit and structured products.

Centrifuge in the news

Credit (Private Credit)

Centrifuge’s Q3 TVL Falls 38% to $1 Billion as Tokenized Assets Expand

Centrifuge reported a total value locked (TVL) of $1 billion at the end of the third quarter, representing a 38% decline quarter-over-quarter despite significant cross-chain expansion. The platform successfully extended the reach of New York Life Investment Management’s (NYLIM) U.S. high-yield corporate bond strategy to the Solana and Avalanche blockchains. Additionally, Centrifuge assets were integrated into the Arc and X Layer networks, broadening the protocol's deployment footprint across Ethereum, Pharos, and other chains. While platform-wide TVL decreased, the broader tokenized asset market reached a supply of $33.9 billion, marking a 140% year-over-year increase. Cash equivalents currently dominate this market with $17.8 billion in supply, though tokenized credit shows higher utilization rates within lending protocols. Specifically, 19% to 21% of tokenized credit supply is actively deployed in lending protocols, compared to only 0.4% for cash-equivalent assets. These developments highlight a shift toward multi-chain interoperability for institutional credit products while underscoring the varying liquidity and utility profiles across different RWA asset classes.

#Centrifuge#RWA#PrivateCredit

tokenpost.comPublished by source: Oct 17, 2026Added: Oct 17, 20267.5

Credit (Private Credit)

Centrifuge reports asset-backed credit inflows for a second week

Centrifuge has reported a second consecutive week of inflows into asset-backed credit, signaling sustained investor interest in tokenized real-world assets. This trend is supported by a Q3 2026 Dune Analytics report, which reveals that the total value of tokenized credit has more than doubled over the past year. Approximately two-thirds of this growth is driven by traditional lending products, such as home-equity lines and middle-market loans, rather than speculative assets. Furthermore, tokenized credit has emerged as the primary form of real-world asset collateral within decentralized finance lending protocols. Centrifuge is actively expanding its footprint by deploying high-yield bond products on Circle’s Arc and the Stellar blockchain. The increase in holder counts and total value on Stellar suggests that the firm's multichain strategy is gaining traction. As these assets become more integrated into DeFi, the stability of lending protocols is increasingly tied to the performance of underlying real-world borrowers. This shift highlights a broader market maturation where established financial instruments are successfully migrating to blockchain infrastructure.

#Centrifuge#RWA#Stellar

cryptobriefing.comPublished by source: Oct 16, 2026Added: Oct 17, 20267.5

Infrastructure

Centrifuge CEO Bhaji Illuminati says the market is getting pickier about tokens

Centrifuge is transitioning from a token-governed model to a traditional equity structure by allowing holders to swap CFG tokens for shares in a re-registered Cayman Islands entity. This strategic shift, formalized under governance proposal CP172 and approved by 98% of the community in September 2026, aims to unify value accrual and simplify corporate governance. The decision follows institutional due diligence that identified the project's token-based structure as a significant risk, leading to lost business opportunities. By adopting a conventional cap table, Centrifuge intends to remove barriers for traditional finance clients who struggle to underwrite decentralized governance models. This move reflects a broader industry trend where established blockchain projects prioritize institutional compatibility over native token utility. As of early 2025, Centrifuge had facilitated over $663 million in financed assets and tokenized 1,585 assets across multiple chains. The transition highlights a growing market skepticism toward native tokens, particularly as data shows over 90% of major-exchange tokens trading below their initial listing prices one year post-launch.

#Centrifuge#RWA#Tokenization

cryptobriefing.comPublished by source: Oct 15, 2026Added: Oct 15, 20267.5

Stocks

Centrifuge’s deSPXA now accepted as collateral on Hyperdrive

Centrifuge’s deSPXA token, which provides exposure to the Janus Henderson Anemoy S&P 500 Index Fund, is now accepted as collateral on the Hyperdrive lending protocol on Base. This integration allows eligible non-US users to borrow USDC against their tokenized S&P 500 holdings at promotional rates below 1% APR. Hyperdrive utilizes a redemption-based model tied to the fund's net asset value to mitigate liquidation risks common in standard DeFi lending. While the market is currently in its early stages with approximately $15.9K in total value locked as of late September 2026, it represents a significant expansion of the deRWA framework. To stimulate liquidity, Hyperdrive has introduced a 50,000 USDC incentive program for lenders distributed over six months. The move highlights the growing utility of Centrifuge’s tokenized assets within the Base ecosystem, supported by strategic investment from Coinbase. Despite the potential for broader adoption, the restriction to non-US users limits the accessibility of this product for the primary market tracking the S&P 500. This development underscores the ongoing effort to bridge traditional equity indices with decentralized finance infrastructure.

#Base#Centrifuge#RWA

cryptobriefing.comAdded: Oct 7, 20267.5

Stocks

Coinbase Bets on Centrifuge to Make the S&P 500 Trade Like Crypto

Coinbase has acquired a strategic equity stake in Centrifuge and designated it as the preferred tokenization infrastructure for the Base network. This partnership centers on the deSPXA fund, a licensed tokenized S&P 500 product developed by Centrifuge and Janus Henderson under an agreement with S&P Dow Jones Indices. By tokenizing the claim on the underlying fund as an ERC-20 asset, the collaboration enables 24/7 trading and instant liquidity, bypassing traditional brokerage hours. The integration of these assets into Compass Labs' developer tools further allows AI agents and fintech applications to execute complex transactions programmatically. While competitors like Robinhood and Ondo focus on synthetic equity wrappers, Centrifuge’s licensed approach provides a unique regulatory moat for the Base ecosystem. This move signals Coinbase's intent to institutionalize onchain finance by prioritizing compliant, index-backed assets over derivative alternatives. The development marks a significant shift toward making traditional financial benchmarks natively programmable and accessible within the decentralized finance landscape.

#Base#Centrifuge#TokenizedStocks

startupfortune.comAdded: Oct 5, 20269.0

Credit (Private Credit)

Centrifuge adds Symbiotic liquidity network across $1.6B in Janus Henderson, NYLIM funds

Centrifuge has integrated Symbiotic’s Liquid Lane to provide immediate USDC liquidity for three of its tokenized funds, which collectively represent approximately $1.6 billion in assets under management. The integration covers the Janus Henderson-managed JAAA AAA-rated collateralized loan obligation strategy and JTRSY short-duration US Treasury strategy, alongside New York Life Investment Management’s HYB high-yield corporate bond fund. Symbiotic’s Liquid Lane utilizes an onchain request-for-quote marketplace, allowing market makers to fulfill redemption requests by tapping into liquidity vaults. This mechanism enables investors to receive USDC instantly, bypassing the longer standard redemption timelines typically associated with these institutional funds. By aggregating redemption demand across multiple issuers, the platform aims to solve the historical challenge of low trading volumes that have previously deterred market makers from committing capital. This development marks a significant step in enhancing the secondary market liquidity for tokenized real-world assets. As these funds are increasingly utilized as collateral in onchain markets, such infrastructure improvements are essential for broader institutional adoption.

#Centrifuge#TokenizedFunds#JanusHenderson

Cointelegraph — DeFiAdded: Oct 3, 20267.5

Credit (Private Credit)

Centrifuge brings tokenized Treasury and credit funds to Arc

Centrifuge has officially deployed three tokenized funds from Janus Henderson and New York Life Investment Management onto its newly launched Arc blockchain. The integration, which went live on October 1, 2026, follows the Arc mainnet launch by only two weeks. The offerings include AAA-rated collateralized loan obligations (CLOs) and high-yield corporate bonds, marking Centrifuge's first foray into the high-yield credit market. All assets are issued as ERC-4626 compliant tokens, ensuring seamless interoperability with Ethereum-compatible decentralized finance applications. By expanding the range of available collateral beyond standard Treasury products, this move aims to attract greater institutional capital to the on-chain ecosystem. The inclusion of high-yield corporate bonds introduces new risk-return profiles that require careful pricing by developers using these assets as collateral. This development signals a growing trend of traditional financial institutions utilizing specialized, institutional-grade blockchains for asset tokenization.

#Centrifuge#Tokenization#PrivateCredit

cryptobriefing.comAdded: Oct 2, 20268.0

U.S. Treasuries

Multiliquid expands liquidity routes for JTRSY and JAAA tokenized funds

Uniform Labs has expanded its Multiliquid protocol to support JTRSY and JAAA tokenized funds, enabling 24/7 atomic swaps into stablecoins like USDC. By functioning as a neutral liquidity aggregation layer on Ethereum and Solana, the protocol allows multiple providers to quote prices, effectively eliminating traditional T+1 settlement delays. This development marks a significant shift toward instant, onchain redemption for real-world assets, moving away from manual back-office processes. The platform currently reports over $20 million in live liquidity, providing a critical alternative to existing redemption systems. This integration complements Centrifuge’s Symbiotic Liquid Lane, which previously established T+0 liquidity for these assets. By referencing net asset value rather than secondary market dynamics, the protocol ensures users receive fair value for their holdings. The expansion highlights the growing maturity of the RWA market, where institutional-grade fixed-income products are increasingly integrated into decentralized finance liquidity rails.

#Centrifuge#RWA#JAAA

cryptobriefing.comAdded: Sep 29, 20268.0

Credit (Private Credit)

New York Life Moves High-Yield Bonds Onchain With Centrifuge

New York Life Investment Management (NYLIM), which oversees over $300 billion in assets, is partnering with Centrifuge to bring a high-yield corporate bond strategy onto the Avalanche blockchain. This initiative utilizes USDC as the primary mechanism for subscriptions and redemptions, marking a shift from traditional settlement processes to blockchain-based infrastructure. Unlike retail-focused digital assets, this product is strictly limited to qualified institutional buyers, maintaining the conventional risk and return profile of high-yield corporate credit. By moving beyond tokenized government debt and cash-like assets, the project tests the viability of public blockchains for more complex institutional fixed-income products. Centrifuge provides the necessary tokenization technology, while Avalanche serves as the underlying network for ownership and servicing. This development highlights the growing interest among major asset managers in leveraging distributed ledger technology to potentially streamline capital movement and operational workflows. Ultimately, the move represents an institutional experiment in integrating blockchain into established financial markets without altering the fundamental nature of the underlying corporate bonds.

#Centrifuge#PrivateCredit#InstitutionalFinance

cointrust.comAdded: Sep 22, 20268.0

Credit (Private Credit)

Avalanche RWA Expands As Major Asset Managers Move Credit Onchain

The Avalanche blockchain has surpassed $2 billion in total value of tokenized assets as it expands its institutional credit offerings. Major asset managers, including Wellington Management, Fasanara Capital, and New York Life Investment Management, have launched tokenized products on the network. These new offerings include the mWIN and mGLOBAL funds, which provide exposure to fixed-income and alternative debt strategies, alongside a high-yield corporate bond fund (HYB) launched via Centrifuge. By bringing these traditional financial instruments on-chain, Avalanche is shifting its RWA focus beyond government bonds and money-market equivalents into corporate and alternative credit. This development allows institutional investors to access conventional portfolios through blockchain-based digital solutions. Furthermore, these tokenized assets are designed to be interoperable with the broader Avalanche DeFi ecosystem, enhancing liquidity and utility. The entry of these large-scale asset managers signals a significant maturation of the network's institutional infrastructure. This trend highlights the growing industry preference for using blockchain technology to streamline the distribution and settlement of traditional financial products.

#Centrifuge#Tokenization#PrivateCredit

tronweekly.comAdded: Sep 22, 20268.0

Credit (Private Credit)

NY Life Launches HYB Tokenized High-Yield Bond Fund on Avalanche

NY Life Investment Management has launched a tokenized high-yield corporate bond strategy, represented by the ticker HYB, on the Avalanche blockchain. Facilitated by the Centrifuge protocol, this initiative marks a significant shift in the RWA sector by moving beyond standard government debt products toward actively managed corporate credit. The fund provides eligible investors with blockchain-based access to a strategy managed by an institution with $807 billion in assets under management. By utilizing Centrifuge's infrastructure, the launch demonstrates the increasing capability of blockchain technology to host complex, traditional financial instruments. This development is notable because it diversifies the range of tokenized assets currently available, which have historically been dominated by U.S. Treasury products. While specific performance and eligibility details remain limited, the integration of high-yield corporate credit into the on-chain ecosystem highlights the growing institutional appetite for tokenized private credit strategies. This move underscores the broader trend of major asset managers leveraging decentralized protocols to modernize the distribution and accessibility of traditional investment vehicles.

#Centrifuge#RWA#Avalanche

hokanews.comAdded: Sep 18, 20268.0

Credit (Private Credit)

Avalanche News: $807B Giant Takes Its First Fund On-Chain

New York Life Investment Management (NYLIM), an asset manager overseeing $807 billion, has launched its inaugural tokenized fund, the High-Yield Bond (HYB) fund, on the Avalanche blockchain. Developed in collaboration with the tokenization platform Centrifuge, the fund brings an actively managed U.S. high-yield corporate bond strategy on-chain, with subscriptions and redemptions settled in USDC. This development marks a significant shift for Avalanche, which has historically focused on Treasury-based products, by introducing actively managed corporate credit to its ecosystem. Simultaneously, regulated infrastructure provider Paxos has integrated Avalanche into its platform, granting over 650 institutions and 470 million potential end users access to AVAX and Avalanche-native USDC. By combining institutional-grade asset issuance with established, regulated custody and compliance infrastructure, these developments reduce friction for traditional finance entities. This dual-pronged expansion signals a maturing institutional footprint for Avalanche, moving beyond experimental pilots toward scalable, real-world financial utility. The integration allows financial institutions to leverage existing Paxos partnerships to build on Avalanche without requiring bespoke blockchain infrastructure.

#Centrifuge#Avalanche#CorporateBonds

coingabbar.comAdded: Sep 18, 20268.5