Centrifuge Secures $4.3 Million in Funding on February 23, 2021

According to relevant media reports, decentralized asset finance protocol Centrifuge completed a new round of funding on August 26, 2025, with Republic as the investor. Following this round, Centrifuge’s total accumulated funding reached $50.61 million.Centrifuge is a decentralized asset finance protocol focused on providing liquidity solutions for real-world assets. The protocol enables borrowers to finance their real-world assets without relying on banks or other intermediaries, connecting these assets to the decentralized finance (DeFi) ecosystem. This approach reduces funding costs for small and medium-sized enterprises while offering DeFi investors a stable source of returns that is independent of cryptocurrency volatility. The project’s Tinlake investment application serves as an open marketplace for real-world asset pools, allowing investors to browse and invest in asset pools offered by asset originators.Public information indicates that Centrifuge’s development dates back to 2018, and the project has completed several funding rounds since then. Notably, in July 2021, the project launched its native token CFG, which began trading on major exchanges. In September 2025, Centrifuge further expanded its business scope by introducing a tokenized S&P 500 index fund, demonstrating its innovation in integrating traditional finance with blockchain technology. However, the project has also faced security incidents during its development, such as a hack of its official social media accounts in early 2025.

According to industry media reports, Centrifuge raised $3.8 million in funding on March 6, 2018. The investment was led by BlueYard Capital and Mosaic Ventures. Following this round, Centrifuge’s total cumulative funding reached $50.61 million.Centrifuge is a decentralized asset finance protocol focused on providing liquidity solutions for real-world assets. The protocol enables borrowers to finance their tangible assets directly, bypassing banks and other intermediaries, thereby integrating these assets into the decentralized finance (DeFi) sector. This approach reduces funding costs for small and medium-sized enterprises and offers DeFi investors a stable source of returns independent of volatile crypto assets.The project’s Tinlake investment application serves as an open marketplace for pools of real-world assets, allowing investors to browse and invest in asset pools presented by originators. Centrifuge Chain is a proof-of-stake blockchain built on Substrate, supporting the tokenization of assets on-chain as non-fungible tokens (NFTs).Since its inception, Centrifuge has achieved rapid growth, with notable milestones including the launch of its native token CFG for trading in July 2021; completion of a $4 million strategic funding round in November 2022; and a $15 million Series A round in April 2024. The success of these funding rounds underscores sustained investor confidence in the tokenization of real-world assets and the decentralized asset finance sector.

According to industry sources, Centrifuge completed a $15.81 million public sale financing on May 26, 2021. Following this round, Centrifuge’s total cumulative funding reached $50.61 million.Centrifuge is a decentralized asset financing protocol designed to provide liquidity for real-world assets. The platform enables borrowers to secure financing for their physical assets without relying on banks or other intermediaries, integrating these assets into the decentralized finance (DeFi) ecosystem. This approach lowers capital costs for small and medium-sized enterprises and offers DeFi investors a stable income stream that is independent of cryptocurrency market volatility. Centrifuge’s investment application, Tinlake, serves as an open marketplace for pools of real-world assets, allowing investors to browse pools created by asset originators and invest in projects that best fit their needs.Tracing Centrifuge’s development, the project first secured $3.8 million in funding in March 2018 and has since continued to attract attention from capital markets. Between 2019 and 2021, Centrifuge completed several rounds of financing. Notably, in July 2021, its token CFG was officially listed for trading. The project raised $4 million in strategic funding in November 2022 and closed a $15 million Series A round in April 2024, demonstrating robust growth momentum.However, it is important to note that in January 2025, Centrifuge experienced a security incident in which its social media accounts were compromised by hackers. In response, the team launched a tokenized S&P 500 index fund product, highlighting ongoing innovation in business development. As DeFi and traditional finance continue to converge, Centrifuge’s solution for on-chain real-world assets represents significant industry value.