Centrifuge Secures $3.8 Million in Funding on March 6, 2018

CFG
CFG
-1.7%
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.

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CFG fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
--fundraising-$M--2018-03-05BlueYard Capital,Mosaic Ventures
fundraising-key-milestones
  • 2025-09-26
    Centrifuge launches tokenized S&P 500 index fund products
  • 2025-08-26
    Centrifuge completed a new funding round
  • 2025-01-05
    Centrifuge's official X account was stolen, and the hacker released a scam token fundraising address.
  • 2024-04-17
    Centrifuge raised $ 15 M in Series A round
  • 2022-11-02
    Centrifuge raised $ 4 M in strategic financing
  • 2021-07
    CFG is live for trading
  • 2021-05-26
    Centrifuge raised $ 15.81 M in Public Sale round
  • 2021-02-23
    Centrifuge raised $ 4.3 M in funding round
  • 2019-10-29
    Centrifuge raised $ 3.7 M in funding round
  • 2018-03-06
    Centrifuge raised $ 3.8 M in funding round
24hour-high
$0.2556
24hour-volume
$608.10K
alltime-high
$2.19
alltime-low
$0.09996
market-cap--f
100%
fdv
$126.87M
24hour-low
$0.2277
market-cap
$132.45M
circulating-s
566.36M CFG
total-supply
571.84M CFG
max-supply
547.74M CFG
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positive
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