Gate News, March 31, according to Gate market data, as of the time of writing, CFG (Centrifuge) is trading at $0.1747. Over the past 24 hours, it is up 8.49%, reaching a high of $0.1829 and falling to a low of $0.1593. The 24-hour trading volume is $6.143 million. The current market cap is approximately $101 million.
Centrifuge is a decentralized asset financing protocol that connects real-world assets to DeFi, lowering capital costs for small and medium-sized enterprises and providing DeFi investors with a stable source of returns. With Centrifuge, companies can tokenize real-world assets and use them as collateral to obtain financing through the asset-backed lending Dapp Tinlake. The platform offers enterprise-grade tokenization solutions. It has partnered with several well-known institutions, including Janus Henderson, Apollo, and more. To date, assets worth over $1.3 billion are locked, with 1,768 tokenized assets.
This news does not constitute investment advice. Investors should be aware of risks related to market volatility.
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