Centrifuge CFG Price 0.12325314

Centrifuge is a financing protocol. It tries to lower the cost of capital for small and mid-size enterprises and provide investors with a stable source of income by connecting Defi with real-world assets. They can tokenize real assets and use them as security to access financing. The originators of Centrifuge are Lucas and Martin. He co-founded DeinDeal. After selling DeinDeal to Ringier, he started working on another startup. Martin is the current COO of Centrifuge. Centrifuge is unique because it tokenizes real-world assets. After that, they are funded by Tinlake. The Centrifuge chain has a DApp built on it. Centrifuge has the highest total value locked. There are pages related to this. Paying transaction fees and governance participation are some of the use cases.