Centrifuge Announces Plans for Institutional RWA Lending on Coinbase's Base Platform

Wednesday, 17 April 2024, 14:09

Centrifuge's native token CFG surged 14% on news of institutional RWA lending on Coinbase Base, outperforming other DeFi tokens. The platform's decision to venture into institutional lending signals a significant growth opportunity for the project and attracts VC investments.
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Centrifuge Announces Plans for Institutional RWA Lending on Coinbase's Base Platform

Centrifuge's Tokenized Credit Platform Expansion

Centrifuge announced plans to offer institutional RWA lending on Coinbase's Base platform, causing its native token CFG to spike 14% in value. The project aims to capitalize on the growing demand for decentralized finance instruments.

VC Investment Boost

Centrifuge secured $15 million in VC investments, highlighting the industry's confidence in the platform's potential for institutional lending.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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