Centrifuge Secures $15M in Series A Funding Battle
April 19, 2024, 3:33 pm
Onchain finance startup Centrifuge emerges victorious in a $15 million Series A funding skirmish. Co-led by ParaFi Capital and Greenfield, with a battalion of backers including Gnosis, IOSG Ventures, and more, the company gears up for expansion.
Centrifuge's mission: to revolutionize finance by tokenizing real-world assets onchain, providing investors with a strategic advantage. With fully collateralized asset pools spanning various sectors, Centrifuge offers a transparent and diversified portfolio experience.
But the battle doesn't end there. Centrifuge is now on a mission to build a user-friendly fund management platform onchain, empowering managers to launch funds and tokenize assets. The company's DAO, supported by a community of finance professionals, ensures governance and control.
As Centrifuge marches forward, the road to decentralized finance for institutions becomes clearer. With plans to launch Centrifuge Pools on Coinbase's Base network, the company aims to bridge the gap between traditional financial ecosystems and DeFi.
In a regulatory landscape where uncertainty looms, Centrifuge remains steadfast in its commitment to compliance. By wrapping its initiatives in a legal structure, the company ensures a secure and compliant future. Victory in the funding battle is just the beginning for Centrifuge as it continues to pave the way for a new era of finance.
Centrifuge's mission: to revolutionize finance by tokenizing real-world assets onchain, providing investors with a strategic advantage. With fully collateralized asset pools spanning various sectors, Centrifuge offers a transparent and diversified portfolio experience.
But the battle doesn't end there. Centrifuge is now on a mission to build a user-friendly fund management platform onchain, empowering managers to launch funds and tokenize assets. The company's DAO, supported by a community of finance professionals, ensures governance and control.
As Centrifuge marches forward, the road to decentralized finance for institutions becomes clearer. With plans to launch Centrifuge Pools on Coinbase's Base network, the company aims to bridge the gap between traditional financial ecosystems and DeFi.
In a regulatory landscape where uncertainty looms, Centrifuge remains steadfast in its commitment to compliance. By wrapping its initiatives in a legal structure, the company ensures a secure and compliant future. Victory in the funding battle is just the beginning for Centrifuge as it continues to pave the way for a new era of finance.