Centrifuge has strong RWA issuance infrastructure and V3 Hub Spoke design, but CFG value capture remains indirect.
Investment View
Investors should watch TVL, issuance and redemptions, NAV checks, CFG treasury use, CNF oversight, and DAO restart.
Centrifuge is a 71.8 point RWA operating layer with strong V3 multichain execution and institutional adoption, but revenue autonomy and governance remain constraints.
Investment View
Centrifuge has moved from RWA lending experiments toward institutional onchain asset management infrastructure, with the next test centered on revenue to AUM and chain liquidity efficiency.