Centrifuge raised $4 M in a Strategic round on 2022-11-01.

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CFG
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According to media reports, Centrifuge raised $4 M in a Strategic round on 2022-11-01.the investors in this funding round include Coinbase Ventures,BlockTower Capital,L1D,Scytale Digital and others. Following this round, Centrifuge's total funding reached $50 M.
Centrifuge is a decentralized asset finance protocol that unlocks liquidity for real-world assets. Borrowers can finance their real-world assets without banks or other intermediaries, bridging them into Decentralized Finance (DeFi) to reduce the cost of capital for SMEs and provide DeFi investors with a stable source of yield that is uncorrelated from volatile crypto assets. Tinlake is Centrifuge's investment app, acting as an open marketplace of real-world asset pools. Investors can browse the pools provided by Asset Originators and invest in the ones that best suit them. Centrifuge Chain is the home for real-world assets (RWA) on the blockchain. It is a Proof-of-Stake blockchain built on Substrate that enables users to bring their assets on-chain as non-fungible tokens (NFTs).

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CFG Fundraising History
RoundAmountValuationTimeInvestor(s)
Strategic$4 M--2022-11-01Coinbase Ventures,BlockTower Capital,L1D,Scytale Digital
Key Milestones
  • 2024-04-17
    Centrifuge raised $ 15 M in Series A round
  • 2022-11-02
    Centrifuge raised $ 4 M in strategic financing
  • 2021-07
    $CFG was live for trading
  • 2021-05-26
    Centrifuge raised $ 15.81 M in Public Sale round
  • 2021-02-23
    Centrifuge raised $ 4.3 M in funding round
  • 2019-10-29
    Centrifuge raised $ 3.7 M in funding round
  • 2018-03-06
    Centrifuge raised $ 3.8 M in funding round
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