Top-20 RWA Protocol Centrifuge Partners with Wormhole to Launch Multichain Tokenization Platform

Centrifuge, a top real-world asset (RWA) tokenization platform, announced a partnership with blockchain interoperability protocol Wormhole to launch a multichain platform that aims to improve how tokenized assets are issued and managed, according to a press release shared with The Defiant. The collaboration also includes Anemoy, a web3-native asset manager built on Centrifuge. The new platform, Centrifuge V3, lets asset managers and investors handle tokenized assets across different blockchains. In turn, according to the release, the platform removes the need to manage aspects like custody, payments, and blockchain connections. “Wormhole’s multichain interoperability platform plays a crucial role in supporting the scalability of Centrifuge V3 by enabling full chain abstraction, allowing seamless fund administration and investment across any blockchain network,” Jeroen Offerijns, the CTO of Centrifuge, told The Defiant. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant