Centrifuge Plans to Build Real-World Asset Lending Protocol on Ethereum Layer-2 Network Base
Centrifuge, a DeFi platform, has announced plans to create a lending protocol for real-world assets (RWAs) on Coinbase's Ethereum layer-2 network, Base. The protocol will enable verified institutions to borrow against their RWA holdings. The announcement comes as the market for tokenized assets is expected to reach $10 trillion by the end of the decade, with digital asset firms and global banks bringing traditional financial products to blockchain plumbing to increase efficiency, settlement speed, and transparency. Centrifuge recently raised $15 million in venture capital investment, with ParaFi Capital and Greenfield leading the funding round.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Daily Digest (February 24) | CEX hacked, Kanye West launched memecoin, $PI volume surpasses $BTC and $ETH

Study shows Trump's tariffs could save Americans $134,809

Blockchain gaming faces $16M funding dip

Montana House rejects Bitcoin reserve bill amid risk concerns

Trending news
MoreCrypto prices
More








