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One platform for global traditional assets
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Cryptocurrency exchange Coinbase has made a multi-million dollar strategic investment in tokenization platform Centrifuge and has designated it as a primary tokenization partner within the Base ecosystem. Centrifuge will be responsible for promoting the onboarding and trading of real-world assets (RWA), including ETFs, credit funds, and structured products, on the Base network. The two parties have previously collaborated, with Centrifuge launching an on-chain S&P 500 index fund on Base. (The Block)