Congrats to portfolio company Centrifuge on the announcement of their Series A, led by ParaFi Capital and Greenfield. The company plans to build an institutional-grade, decentralized finance lending market for RWAs, built on Coinbase's Base layer 2 and integrated with Coinbase Verification.
| less than a minute read
Centrifuge raises $15m in Series A funding for institutional DeFi adoption
"DeFi has always been about accessibility, transparency and interoperability, making markets more open, fair and decentralized, and we’re bringing these innovations to institutions in a compliant and safe way," Centrifuge co-founder Lucas Vogelsang said.
