Centrifuge Approves Token-to-Equity Plan
Centrifuge governance has approved CP172, allowing the real-world asset protocol to move forward with plans to restructure around tokenized corporate equity. The proposal would create a pathway for eligible CFG holders to exchange their tokens for tokenized shares, potentially replacing the protocol’s existing token-based value structure with an equity model.
Centrifuge Moves Loyalty Reserves Onchain
Centrifuge, Janus Henderson Investors and SmartMedia Technologies have launched an institutional framework designed to move loyalty-program reserve management onchain. The initiative uses tokenized vaults to manage the financial assets backing loyalty points and rewards programs, connecting reserve management more directly with the systems used to issue and redeem those benefits.
Coinbase Launches Tokenized U.S. Stocks on Base with Centrifuge Integration
Coinbase has launched tokenized U.S. stocks natively on Base, bringing shares of companies including Apple, Nvidia and Alphabet into the Layer 2’s DeFi ecosystem. Each token provides direct economic exposure to a corresponding U.S.-listed share and is backed 1:1 by stock held in regulated custody, allowing eligible users to hold and transfer the assets through […]
Centrifuge says JTRSY and JAAA are now live in Ground’s onchain API
Centrifuge has integrated two tokenized investment products, JTRSY and JAAA, into Ground’s onchain yield infrastructure, allowing financial technology and wealth platforms to access the funds through an application programming interface. The integration packages tokenized Treasury and structured-credit exposure into a workflow that institutional platforms can embed within their existing products, rather than requiring each business […]