Centrifuge is an infrastructure that issues, operates, and distributes real assets, private credit, government bonds, funds, and structured products on-chain. Official documentation defines Centrifuge as an “institutional-grade infrastructure” that enables asset managers, fintechs, and DeFi protocols to create compliant tokenized products. The official site lists figures of over $1.8 billion TVL and 1,768 tokenized assets, while the document states that over $2 billion RWA has been tokenized through the platform. (Centrifuge) 1. RWA: RWA represents physical or off-chain financial assets such as bonds, real estate, and private credit as on-chain tokens. On-chain state mapping exists indirectly through pools, share tokens...
Investment View
It is appropriate to view it as “a model in which compliant assets are issued, investors hold vault shares, and protocol fees and treasury grow over the long term.” Investor compensation is participation in asset performance through vault share tokens. The ERC-4626 vault is suitable for immediate deposit fulfillment, and the ERC-7540 vault is suitable for request-based investment and redemption. RWA's revenue comes from loan interest, government bond yields, fund performance, structured product cashflow, etc., and Centrifuge expresses this in on-chain share tokens and NAV. Issuer rewards are reduced funding costs and expanded distribution. On paper, Centrifuge reduces the brokerage...
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Report Type
Crypto Economy Analysis
Version
v1
Analysis Date
May 28, 2026
Language
en
Disclaimer: This report is generated through AI-powered analysis and market data. This is not investment advice. All investment decisions should be made at your own risk.