A closer look at Centrifuge

March 17, 2022, 5:06AM EDT

• 9 min read

Quick Take

Centrifuge is one of the leading protocols in tokenizing real-world assets
They leverage their native blockchain, the Centrifuge chain, to tokenize real-world assets before bridging said assets to Ethereum
Centrifuge enforces mandatory Know-Your-Client processes to remain compliant with most regulations and this could hinder borrowers and investors from onboarding
There have been notable developments for Centrifuge in 2021, such as Maker vault and Aave RWA integrations
Centrifuge is also expanding into Substrate-based blockchains such as Polkadot and Kusama

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Source: https://www.theblockresearch.com/a-closer-look-at-centrifuge-135603?utm_source=rss&utm_medium=rss