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Centrifuge Taps Wormhole to Launch Multichain Tokenization Platform

10d ago
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Real-world asset tokenization platform Centrifuge has launched its latest upgrade, Centrifuge V3, in partnership with multichain messaging protocol Wormhole.

The new system is designed to make it easier for fund managers and investors to manage tokenized assets across multiple blockchains using a single interface.

The rollout begins with a $230 million fund from Anemoy, a crypto-native asset manager powered by Centrifuge. The fund invests in U.S. Treasury securities managed by Janus Henderson and marks one of the larger real-world asset tokenizations to date.

Centrifuge V3 introduces “full chain abstraction,” which allows users to invest, administer, and issue tokenized assets without directly interacting with blockchain infrastructure., according to a press release shared with CoinDesk.

Wormhole, a popular cross-chain bridge, powers the interoperability. Its role in the partnership is to ensure that tokenized assets on Centrifuge are fully composable — usable in decentralized finance and institutional platforms alike.

Centrifuge has over time been expanding. Last year it raised $15 million in an “oversubscribed” fundraising round as it expanded to Coinbase’s layer-2 network Base.

10d ago
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