This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Centrifuge introduces institutional lending market for RWAs on Base

Last week, Berlin-based startup Centrifuge announced the launch of a lending market for tokenized US government bonds on Base.

It is also the first lending market to use Coinbase's Verification Service to verify users' identities, ensuring that institutional market participants only interact with vetted counterparties and thus meet important compliance guidelines.

"Since the beginning of the year, the market capitalization of tokenized U.S. Treasury bonds has nearly tripled to $2.1 billion."

Tags

portco, portco news, centrifuge, cfg, base, coinbase, rwa, rwas, lending, crypto, web3