Centrifuge

Centrifuge is a financial service provider, built to allow on-chain finance (an action verified and recorded only by the main chain) enabling management, tokenization, and investment in real-world assets. 

• Founders: Lucas Vogelsang, Markus Ament, Philip Stehlik, Martin Quesnel
• Founded: 2017
• Headquarters: Zug, Switzerland

Key Features:

• A decentralized finance platform that connects assets to the blockchain. 
• Lets the user record the fund's on-chain and off-chain portfolio transactions, positions, and operations data with the help of one platform. 
• Highlights decentralized governance, allowing all the stakeholders to make decisions.
• CFG is its native token used to govern the network.

Centrifuge's most recent funding was raised from a Series A round on April 17, 2024, it has raised total funding of $30.8M over seven rounds.

FAQs

1. Is Centrifuge decentralized?

Yes, it is a decentralized finance protocol where governance is driven by the community through CFG token.

2. What is Tinlake?

It is a lending platform of Centrifuge where businesses can borrow money and investors can earn returns by funding these loans.

3. Is the Centrifuge safe?

The platform uses blockchain technology to make sure that all transactions are transparent and secure.