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Centrifuge Governance Proposal CP172 Passes: CFG Token Holders to Convert 1:1 into Tokenized Equity

Project Progress

2026-09-11 00:37:19

According to Centrifuge, governance proposal CP172 has passed, marking the first-ever conversion of tokens into tokenized equity. Eligible CFG token holders will be able to exchange 1 CFG for 1 share of tokenized equity at no additional cost. CFG holders with at least 100,000 tokens will be registered directly as shareholders, while those holding fewer will participate through a trust structure in collaboration with CoinList. The conversion requires remaining legal approvals and is part of the planned reorganization and re-registration of Centrifuge Network Foundation as a Cayman Islands exempted company, Centrifuge, Inc.

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