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Centrifuge

CFG

  • Layer1
  • Polkadot Parachain
  • Lending
  • RWA
  • DeFi
  • Infra
Established Year
2018
Headquarter
Germany
Operating Status
Active
Ecosystem
EthereumCelo
Centrifuge is a decentralized asset finance protocol that unlocks liquidity for real-world assets. Borrowers can finance their real-world assets without banks or other intermediaries, bridging them into Decentralized Finance (DeFi) to reduce the cost of capital for SMEs and provide DeFi investors with a stable source of yield that is uncorrelated from volatile crypto assets. Tinlake is Centrifuge's investment app, acting as an open marketplace of real-world asset pools. Investors can browse the pools provided by Asset Originators and invest in the ones that best suit them. Centrifuge Chain is the home for real-world assets (RWA) on the blockchain. It is a Proof-of-Stake blockchain built on Substrate that enables users to bring their assets on-chain as non-fungible tokens (NFTs).

Financial Portfolio

Funding

Investment

Ultimate / Unstoppable Finance
Ultimate / Unstoppable Finance
Seed
$5.2 M

Recent News

Frequently Asked Questions

What Is Centrifuge (CFG)?

Centrifuge is a decentralized asset financing protocol. It connects decentralized finance ([DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance)) with real-world assets (RWA) while trying to lower the cost of capital for small and mid-size enterprises (SMEs) and provide investors with a stable source of income. The main goal of the project is to generate profits that are not tied to volatile crypto assets; the developers are pursuing the task of transferring real monetary value from fiat to cryptocurrencies. Companies are using Centrifuge to access the liquidity that DeFi has to offer. They can tokenize real assets and use these tokens as collateral to access financing through Tinlake, a decentralized application ([DApp](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps)) lending protocol. The Centrifuge blockchain is built on Polkadot ([DOT](https://www.coinlive.com/coin/polkadot-new)) for speed and low fees, while its financial DApp Tinlake is built to access Ethereum ([ETH](https://www.coinlive.com/coin/ethereum)) liquidity. Centrifuge provides liquidity to everyone and investors receive income and rewards in the form of CFG tokens. Centrifuge links assets such as invoices, real estate and royalties with decentralized finance (DeFi). Additionally, borrowers benefit from the fact that they can finance their real assets without banks or other intermediaries.