March 17, 2022, 5:06AM EDT
• 9 min read

A closer look at Centrifuge

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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