Coinbase makes ‘seven-figure’ investment in Centrifuge, taps platform as Base’s main tokenization partner
The Block
Coinbase has invested seven figures in Centrifuge and named the firm its primary partner for tokenizing real-world assets on the Base blockchain.Summary
Coinbase has appointed Centrifuge as its lead tokenization partner to bring traditional financial instruments, such as ETFs and credit funds, onto its Base blockchain. As part of this strategic alliance, Coinbase has made a seven-figure investment in Centrifuge, following previous participation in the startup's funding rounds. This partnership aims to leverage Centrifuge’s infrastructure to enhance institutional adoption and liquidity for real-world assets within the Base ecosystem.
(Source：The Block)