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BlockTower Credit and MakerDAO to fund $220m of real-world assets through Centrifuge

Portfolio company Centrifuge published a medium post, in which they talk about how this investment marks the beginning of what they anticipate to be an exponential increase in the institutional adoption of real-world assets, where any institutional fund or stablecoin provider can use their technology to drive change at scale. And for stablecoins, the heart and soul of DeFi capital markets, institutional managers play a critical role in connecting them to much needed real-world credit markets.

Despite the negative market sentiment, our conviction hasn’t wavered. Our thesis remains that real-world assets are the key to bringing institutional adoption to DeFi. We’re excited to close out 2022 with a bang and to continue building with partners that shajre our joint vision of creating a more inclusive financial world.

Tags

defi, lending, centrifuge