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Centrifuge

centrifuge.io →61 stories in our coverage

Onchain asset tokenization protocol for private credit and structured products.

Centrifuge in the news

Centrifuge's HYB token receives A rating from Particula, boosting credibility of tokenized high-yield bonds
Credit (Private Credit)

Centrifuge's HYB token receives A rating from Particula, boosting credibility of tokenized high-yield bonds

The NYLIM Anemoy U.S. High Yield Corporate Bond Segregated Portfolio (HYB), a tokenized corporate bond fund, has received an A rating from independent risk assessor Particula. Launched on June 30, 2026, the fund utilizes Centrifuge’s infrastructure to bring high-yield corporate debt onchain, with portfolio management provided by New York Life Investment Management, which oversees approximately $807 billion in assets. Unlike traditional credit ratings, Particula’s PDARF framework evaluates the structural integrity and counterparty risks inherent in the tokenization layer itself. This development marks a significant shift in the RWA market, moving beyond the dominance of tokenized Treasuries toward more complex, higher-yield credit products. The fund, which operates as a BVI segregated portfolio and uses USDC for subscriptions, recently integrated with Symbiotic Liquid Lane to improve liquidity. With over $2 billion in total tokenized assets on its platform, Centrifuge continues to expand its offerings across the risk spectrum. This rating provides institutional investors with a standardized assessment of the technical and structural robustness of onchain fixed-income products.

cryptobriefing.comAdded: Aug 31, 20268.0
Pharos Expands RealFi Market with Onchain Access to Institutional U.S. High-Yield Credit
Credit (Private Credit)

Pharos Expands RealFi Market with Onchain Access to Institutional U.S. High-Yield Credit

Pharos Network has launched the pRNH Vault, enabling onchain access to the NYLIM Anemoy U.S. High Yield Corporate Bond Segregated Portfolio. This initiative, facilitated through R25, marks a significant expansion of the Pharos RealFi market beyond traditional stablecoins and cash equivalents into institutional-grade corporate credit. The vault targets a $100 million size with an approximate 7% annualized yield, offering investors exposure to diversified U.S. high-yield bonds. By leveraging tokenization technology from Anemoy and Centrifuge, the product bridges traditional fund infrastructure with programmable onchain financial applications. The integration also incorporates agent-assisted functions for credit screening and liquidity monitoring, aligning with the Pharos vision of supporting agentic economies. This development signifies a broader industry shift toward making real-world assets not just tokenized, but actively composable and discoverable within intelligent financial systems. Ultimately, the launch demonstrates how institutional assets can be integrated into high-performance, compliant blockchain environments to facilitate programmatic financial activity.

markets.businessinsider.comAdded: Aug 25, 20267.5
Grove becomes strategic stakeholder in Centrifuge ecosystem with 37.8 million CFG token acquisition
Credit (Private Credit)

Grove becomes strategic stakeholder in Centrifuge ecosystem with 37.8 million CFG token acquisition

Grove Finance has solidified its position as a strategic stakeholder in the Centrifuge ecosystem by acquiring 37.8 million CFG tokens. This investment deepens a partnership that already features over $1.27 billion in capital deployed across Centrifuge’s tokenized asset infrastructure. Operating within the Sky ecosystem, formerly known as Maker, Grove Finance is actively expanding its footprint in real-world asset tokenization. The collaboration includes significant infrastructure developments, such as the Basin liquidity facility launched in May 2026 to support up to $1 billion in daily redemptions. Additionally, Grove has pursued a multi-chain strategy, including a $250 million target allocation for real-world assets on the Avalanche blockchain. By securing governance stakes and operational integrations, Grove creates significant switching costs that reinforce Centrifuge's competitive standing against rivals like Ondo Finance and Maple. This move highlights a broader institutional trend of prioritizing robust, on-chain liquidity mechanisms to avoid the redemption risks seen in traditional finance. Ultimately, the integration signals that major capital allocators are increasingly committed to standardizing institutional-grade assets on-chain.

cryptobriefing.comAdded: Aug 25, 20267.5
Centrifuge Weighs Converting Tokens to Stock, Highlighting Gaps in Law
Credit (Private Credit)

Centrifuge Weighs Converting Tokens to Stock, Highlighting Gaps in Law

Centrifuge, a platform for tokenizing real-world assets with over $1.6 billion in total value locked, has introduced Centrifuge Improvement Proposal (CIP) 172 to allow native CFG token holders to convert their holdings into company equity. This strategic shift aims to mitigate regulatory overhang, reduce the costs of maintaining public token liquidity, and remove barriers to institutional participation that currently hinder growth. By transitioning toward an equity-based structure, Centrifuge seeks to create a cleaner value-accrual mechanism and facilitate easier engagement with traditional financial counterparties. This move mirrors similar efforts by the Across protocol, reflecting a broader trend among major blockchain projects struggling with the limitations of DAO governance. The proposal highlights significant frictions in the current token-based model, specifically regarding the enforceability of contracts and compliance with institutional standards. While these challenges are substantial, they appear to stem from existing legal and regulatory gaps rather than inherent flaws in tokenization technology. Emerging legislative frameworks, such as Wyoming’s DUNA and potential federal safe harbors, may eventually resolve these issues, suggesting that the current pivot to equity is a response to the present, rather than permanent, limitations of the DAO model.

galaxy.comAdded: Aug 22, 20267.5
5 Best Asynchronous Tokenized Vaults for Institutional Liquidity Management
Active Strategies

5 Best Asynchronous Tokenized Vaults for Institutional Liquidity Management

Institutional liquidity management is evolving through the adoption of asynchronous tokenized vaults, which bridge the gap between blockchain efficiency and the settlement requirements of real-world assets. While standard tokenized products often struggle with assets requiring off-chain valuation or approval, the ERC-7540 standard extends ERC-4626 to decouple liquidity decisions from settlement events. Protocols like Centrifuge, Midas, Maple, Superform, and Lagoon are leading this shift by implementing request-based systems for deposits and redemptions. Centrifuge, a co-author of ERC-7540, utilizes an AsyncRequestManager to handle complex assets like private credit and invoices across multiple chains including Ethereum and Base. Midas provides exposure to BlackRock short-duration U.S. Treasury funds, while Maple focuses on USDC-denominated yield with structured withdrawal queues. Superform leverages these vaults to optimize cross-chain bridging, and Lagoon offers infrastructure for asset managers to automate NAV computation and reporting. This transition to asynchronous models is critical for the RWA market, as it allows institutions to maintain on-chain transparency while accommodating the operational realities of traditional finance.

financefeeds.comAdded: Aug 20, 20267.5
Centrifuge crypto falls 14% as RWA demand slumps
Credit (Private Credit)

Centrifuge crypto falls 14% as RWA demand slumps

Centrifuge (CFG) experienced a significant market downturn, with its price falling over 14% in 24 hours to $0.1379 amid broader altcoin weakness. On-chain data from Token Terminal reveals a sharp contraction in RWA activity, as monthly asset transfer volume plummeted from $11.67 million to $281,000. Additionally, the monthly asset transfer count dropped by 67%, falling from 6,700 to 2,200 since August. The ecosystem also recorded net USD outflows exceeding $2.25 million, while Total Value Locked (TVL) stagnated at $1.709 billion, down from April highs above $2 billion. Technical indicators, including a Chaikin Money Flow of -0.22, suggest sustained capital flight and bearish momentum. This decline highlights the volatility within the RWA sector as market interest shifts and usage metrics for the Centrifuge protocol contract. The asset is currently testing critical support levels, with analysts monitoring a potential demand zone near $0.1257 for signs of a recovery.

AMBCryptoAdded: Aug 20, 20267.5
Centrifuge adds Symbiotic liquidity network across $1.6B in Janus Henderson, NYLIM funds
Active Strategies

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, representing approximately $1.6 billion in assets under management. The integration covers Janus Henderson’s 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 strategy. Symbiotic’s Liquid Lane utilizes an onchain request-for-quote marketplace, allowing market makers to fill redemption requests by tapping into liquidity vaults. This mechanism enables investors to receive USDC instantly, decoupling the payout from the standard fund redemption timeline. By aggregating redemption demand across multiple issuers and asset classes, the platform aims to improve the economics for market makers who have historically faced low trading volumes. This development marks a significant step in enhancing the secondary market liquidity for institutional-grade tokenized assets. As tokenized funds increasingly serve as collateral in onchain markets, such infrastructure improvements are essential for broader adoption and capital efficiency.

Cointelegraph — RWA TokenizationAdded: Aug 19, 20268.0
Centrifuge reports 300% growth in tokenized assets to nearly $4B
Infrastructure

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

Centrifuge 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.

cryptobriefing.comAdded: Aug 18, 20268.5
Centrifuge proposes token-to-equity conversion for CFG holders
Credit (Private Credit)

Centrifuge proposes token-to-equity conversion for CFG holders

Centrifuge has initiated a governance proposal to allow CFG token holders to convert their holdings into equity or equity-like instruments in the underlying business entity. Currently in a 14-day Request for Comments phase, the proposal seeks community feedback before moving toward a formal vote. This initiative represents a significant shift for the protocol, as CFG currently functions primarily as a governance and utility token within the Ethereum-based ecosystem. With a total supply of approximately 675 million tokens, the move aims to bridge the gap between decentralized governance and traditional corporate ownership. The proposal acknowledges that such a conversion would likely necessitate strict KYC and AML compliance measures for participants. By formalizing this pathway, Centrifuge is exploring a new model for DeFi projects to provide token holders with direct economic claims in the protocol's parent entity. This development highlights an evolving trend in the RWA sector where projects seek to align token value more closely with real-world business performance.

cryptobriefing.comAdded: Aug 17, 20267.5
Centrifuge integrates with Compass Labs to enable one-click asset looping across 43 bundled transactions
Credit (Private Credit)

Centrifuge integrates with Compass Labs to enable one-click asset looping across 43 bundled transactions

Centrifuge and Compass Labs have partnered to launch a non-custodial API that simplifies access to tokenized real-world assets on Ethereum and Base. By consolidating up to 43 individual on-chain transactions into a single API call, the integration streamlines complex leveraged looping strategies on protocols like Morpho. This infrastructure upgrade specifically targets developers, fintech providers, and AI agents, enabling programmatic interaction with Centrifuge’s flagship products, deSPXA and deJAAA. The deJAAA product, which tokenizes AAA-rated collateralized loan obligations, recently reached $1 billion in assets under management at a record pace for the protocol. Centrifuge now manages over $2 billion in total on-chain assets, with tokenized Treasuries accounting for $1.4 billion of that volume. This development is significant for the RWA market because it reduces gas costs and operational friction, making tokenized assets more viable for algorithmic and autonomous trading systems. By removing the technical barriers to entry, the partnership enhances the composability of regulated financial instruments within the broader DeFi ecosystem. Ultimately, this shift toward one-click execution represents a maturing of the infrastructure required to support institutional-grade RWA adoption.

cryptobriefing.comAdded: Aug 14, 20267.5
Centrifuge finalizes ERC-8161, letting multi-asset vault positions trade before settlement
Infrastructure

Centrifuge finalizes ERC-8161, letting multi-asset vault positions trade before settlement

Centrifuge has finalized ERC-8161, a new Ethereum standard that enables the transferability of pending deposit and redemption requests within tokenized asset vaults. Co-authored by Jeroen Offerijns and Cain O’Sullivan, this standard addresses the liquidity constraints inherent in asynchronous vault systems where settlement times for real-world assets like commercial real estate debt can span days or weeks. By allowing investors to trade their place in a redemption queue, the standard effectively creates a secondary market layer that operates at blockchain speed despite the slower settlement of underlying collateral. This development builds upon previous standards, specifically ERC-7540 for asynchronous claim flows and ERC-7575 for multi-asset support. The integration of these standards allows Centrifuge’s vault architecture to offer greater flexibility, enabling investors to exit positions early by selling their claims to other market participants. While the underlying real-world assets still require traditional settlement times, the ability to transfer pending requests acts as a critical release valve for capital efficiency. This infrastructure-level advancement represents a significant step in maturing the RWA ecosystem by bridging the gap between traditional finance settlement cycles and decentralized liquidity.

cryptobriefing.comAdded: Aug 13, 20267.5
Centrifuge V3.3 introduces onchain execution policy for asset management
Credit (Private Credit)

Centrifuge V3.3 introduces onchain execution policy for asset management

Centrifuge announced the V3.3 upgrade on August 12, 2026, introducing the Onchain Execution Policy to automate governance for tokenized real-world assets. This feature shifts portfolio management from reliance on off-chain legal mandates to enforceable smart contract logic. By embedding permissible actions directly into the code, the protocol prevents asset managers from executing transactions that fall outside predefined parameters. This development builds upon the V3.2 release from April 15, 2026, which established the Onchain Portfolio Manager and runtime safety guards. For institutional investors, this transition provides verifiable, real-time proof of compliance that traditional documentation cannot offer. The upgrade aims to remove governance friction points that have historically hindered large-scale institutional adoption of on-chain finance. By automating oversight, Centrifuge strengthens its position as a comprehensive infrastructure layer for the lifecycle of tokenized assets.

cryptobriefing.comAdded: Aug 12, 20267.5