Centrifuge Uses Wormhole to Launch Its Multi-Chain Tokenization Platform
Author: Francisco Rodriguez | Edited by: Parikshit Mishra Updated: April 10, 2025, 3:27 PM Published: April 10, 2025, 3:27 PM
Real-world asset tokenization platform Centrifuge has unveiled its latest update, Centrifuge V3, in collaboration with multi-chain messaging protocol Wormhole.
The new system is designed to simplify the management of tokenized assets for fund managers and investors across multiple blockchains using a single interface.
The rollout begins with a $230 million fund from Anemoy, a crypto-native asset manager on the Centrifuge platform. The fund invests in U.S. Treasuries managed by Janus Henderson and represents one of the largest tokenizations of real assets to date.
Centrifuge V3 offers “full chain abstraction” that allows users to invest, manage, and issue tokenized assets without having to directly interact with the blockchain infrastructure, according to a press release provided to CoinDesk.
Wormhole, a well-known cross-chain bridge, enables interoperability between chains. Its role in this partnership is to ensure that tokenized assets on Centrifuge are fully composable and usable in both decentralized finance and institutional platforms.
Centrifuge continues to expand over time. Last year, it raised $15 million in an oversubscribed funding round as it expanded to Coinbase’s second-layer Base network.
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