Centrifuge Faucets Wormhole to Launch Multichain Tokenization Platform

Markets, Centrifuge, Tokenization, Wormhole 
Centrifuge V3 goals to unify real-world asset tokenization throughout blockchains, and is beginning with the $230 million Janus Henderson Anemoy Treasury Fund. 

Real-world asset tokenization platform Centrifuge has launched its newest improve, Centrifuge V3, in partnership with multichain messaging protocol Wormhole.

The new system is designed to make it simpler for fund managers and traders to handle tokenized belongings throughout a number of blockchains utilizing a single interface.

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

Centrifuge V3 introduces “full chain abstraction,” which permits customers to take a position, administer, and concern tokenized belongings with out immediately interacting with blockchain infrastructure., in response to a press launch shared with CoinDesk.

Wormhole, a well-liked cross-chain bridge, powers the interoperability. Its position within the partnership is to make sure that tokenized belongings on Centrifuge are totally composable — usable in decentralized finance and institutional platforms alike.

Centrifuge has over time been increasing. Last 12 months it raised $15 million in an “oversubscribed” fundraising spherical because it expanded to Coinbase’s layer-2 community Base.

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