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Centrifuge Taps Wormhole to Launch Multichain Tokenization Platform


Centrifuge V3 aims to unify real-world asset tokenization across blockchains, and is starting with the $230 million Janus Henderson Anemoy Treasury Fund.

Centrifuge is one of the largest blockchain-based credit platform with $270 million of active loans. (Mae Mu/Unsplash)

What to know:

  • Centrifuge V3 will let users manage tokenized assets across chains from a single interface.
  • The system is launching with a $230 million tokenized U.S. Treasury fund managed by Anemoy.
  • Wormhole will provide multichain infrastructure to support liquidity and composability.

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.

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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.

Francisco Rodrigues

Francisco is a reporter for CoinDesk with a passion for cryptocurrencies and personal finance. Before joining CoinDesk he worked at major financial and crypto publications. He owns bitcoin, ether, solana, and PAXG above CoinDesk's $1,000 disclosure threshold.

Francisco Rodrigues