Coinbase invests a seven-figure amount in Centrifuge and establishes it as a core partner for Base tokenization.

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Deep Tide TechFlow News, May 5th, Coinbase announced a “seven-figure” strategic investment in Centrifuge and designated it as the main asset tokenization platform for its proprietary public chain, Base.

According to the partnership, Centrifuge will become the core infrastructure for issuing tokenized assets on Base, supporting on-chain trading of real-world assets (RWA) including ETFs, credit funds, and structured products.

The two parties have previously collaborated, including launching the first compliant on-chain S&P 500 index fund on Base.

Coinbase stated that the choice of Centrifuge is due to its advantages in institutional-grade infrastructure, compliance capabilities, and scalability. The platform offers a complete solution from asset structure design and tokenization tools to yield interfaces and compliance support.

This partnership is seen as an important step for Coinbase to strengthen its asset tokenization strategy, with future plans to further expand into more high-liquidity traditional financial assets.

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