Centrifuge Q2. Four moves that matter.

One of America's largest asset managers brought its first tokenized fund onchain — $HYB. A multi-year high yield strategy from New York Life Investment Management. Not a Treasury product. Active credit management, now composable on public rails.
Ethena integrated $JAAA into USDe backing. The largest synthetic dollar protocol diversifying collateral through Centrifuge rails. RWA demand following stablecoin scale.
Grove Finance enabled instant redemptions for JTRSY through Basin. The liquidity problem that slowed institutional RWA adoption — being solved at the infrastructure layer.
Coinbase named Centrifuge preferred tokenization infrastructure. The largest US crypto exchange choosing its rails for institutional asset issuance.
Four partnerships. Four different institutions. Four independent conclusions pointing in the same direction.
This is what infrastructure convergence looks like before investors realize they're all pointing to the same destination.
$CFG