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Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC Investment

CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.

Updated Apr 17, 2024, 2:12 p.m. Published Apr 17, 2024, 2:09 p.m.
Centrifuge is one of the largest blockchain-based credit platform with $270 million of active loans. (Mae Mu/Unsplash)
Centrifuge is one of the largest blockchain-based credit platform with $270 million of active loans. (Mae Mu/Unsplash)