DeFi Platform Centrifuge Plans Institutional RWA Lending on Base After $15M Fundraise; CFG Price Spikes 14%

Coinbase
Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk
Changelly

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Centrifuge’s plans came to light as the protocol announced it raised $15 million in venture capital investment in an “oversubscribed” fundraising round. ParaFi Capital and Greenfield led the investment, with multiple firms including Arrington Capital, Circle Ventures, Gnosis, The Spartan Group, and Wintermute Ventures also participating.

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