Coinbase has announced a strategic seven-figure investment in Centrifuge, selecting it as the primary partner for asset tokenization on its public blockchain, Base. This partnership will enable the on-chain issuance and trading of real-world assets (RWA) such as ETFs, credit funds, and structured products. Centrifuge will provide the core infrastructure for these operations, leveraging its institutional-grade infrastructure and compliance capabilities.
The collaboration builds on previous joint efforts, including the launch of the first compliant on-chain S&P 500 index fund on Base. Coinbase highlighted Centrifuge's comprehensive solutions in asset structuring, tokenization tools, and compliance support as key factors in its selection. This move marks a significant step in Coinbase's strategy to expand its asset tokenization offerings, with plans to potentially include more traditional financial assets in the future.
Coinbase Invests in Centrifuge for Base Tokenization Partnership
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