Centrifuge
IssuanceActive· Global

Centrifuge

JAAA proved institutional structured credit can live onchain. Coinbase picking Centrifuge as the default issuance rail for its entire ecosystem is the validation moment. The protocol most institutional issuers route through becomes the protocol the largest US exchange owns equity in.

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Brief

Private credit tokenization protocol. Partners with Janus Henderson. Multi-chain footprint across Plume, Base, Stellar, Pharos, and Monad (April 30, 2026: JTRSY, JAAA, ACRDX with freely transferable deRWA wrappers). deSPXA (tokenized S&P 500) live on Base. May 5, 2026: Coinbase named Centrifuge its preferred tokenization backbone and took a seven-figure equity stake. Centrifuge becomes the default issuance layer for tokenized assets across Coinbase's ecosystem, with first institutional Base launches targeted for the following weeks. Coinbase Ventures was already a backer through 2022 and 2024 rounds.

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Recent activity

Latest moves on the changelog feed.

  • Apr 30, 2026WIRED

    Centrifuge → Monad (JTRSY, JAAA, ACRDX live with freely transferable deRWAs; tokenized credit broadens to lending, collateral, and DeFi on Monad).

  • Mar 31, 2026WIRED

    Centrifuge ↔ Aerodrome. DeSPXA onchain liquidity on Base.

  • Mar 31, 2026WIRED

    Centrifuge → Base. DeSPXA tokenized S&P 500 fund live.

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Snapshot

Key terms and identifiers.

Asset classes
Private credit
Token standards
erc-20, erc-1400
Regulatory
sec-reg-d, sec-reg-s
Jurisdiction
Global
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Milestones

How this player got here.

  1. Apr 2026Centrifuge → Monad (JTRSY, JAAA, ACRDX live with freely transferable deRWAs; tokenized credit broadens to lending, collateral, and DeFi on Monad).
  2. Mar 2026Centrifuge ↔ Aerodrome. DeSPXA onchain liquidity on Base.
  3. Sep 2024Centrifuge App V2 launched
  4. Jan 2024MakerDAO integration for RWA vaults
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Connections

Who they build with, build on, integrate with.