The real-world asset tokenization platform Centrifuge has launched its latest upgrade, the Centrifuge V3, in collaboration with the Multichain Messaging Protocol wormhole.
The new system is designed to make it easier for fund managers and investors to manage tokenized properties in many blockchains using a single interface.
The rollout starts with a $ 230 million funds from Anemoy, a crypto-native-reinforced Centrifuge asset manager. The funds are investing in the US Treasury Securities managed by Janus Henderson and marked one of the larger tokenizations of real-world assets to date.
Centrifuge V3 introduces “full chain abstraction,” which allows users to invest, oversee, and issue tokenized properties -indirectly in contact with blockchain infrastructure., According to a press release distributed in CoinDesk.
The wormhole, a popular cross-chain bridge, empowers interoperability. Its role in collaboration is to ensure that the tokenized properties in the centrifuge are fully composable – available in decentralized finances and institutional platforms.
Centrifuge is over time expanding. It was last year this year Raised $ 15 million in an “oversubscribe” Fundraising round as it expands to the base of Coinbase’s layer-2 network.
