According to industry reports, Centrifuge raised $4.3 million in funding on February 23, 2021. Investors participating in this round include IOSG Ventures, Fenbushi Capital, Moonwhale Ventures, Hash CIB, FinTech Collective, TRGC, and RockawayX. Following this transaction, 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 platform enables borrowers to access financing for their physical assets directly, bypassing banks and other intermediaries, and integrates these assets into decentralized finance (DeFi) systems. This model reduces capital costs for small and medium-sized enterprises while offering DeFi investors a stable yield source independent of crypto asset volatility.Key products include the investment application Tinlake, an open marketplace for pools of real-world assets where investors can browse and invest in pools originated by asset originators. Additionally, Centrifuge Chain is a proof-of-stake blockchain built on Substrate, supporting the on-chain representation of assets as non-fungible tokens (NFTs).Centrifuge has consistently gained market recognition since its inception in 2018. In May 2021, the project completed a $15.81 million public sale, and its token CFG was officially listed for trading in July of the same year. Notably, Centrifuge secured $4 million in strategic funding in November 2022 and $15 million in Series A funding in April 2024, underscoring its sustained growth momentum.