Gate News, on April 7, according to Gate market data, as of the time of publication, CFG (Centrifuge) is trading at $0.17. In the past 24 hours, it has risen 7.77%, with a highest price of $0.17 and a lowest price of $0.16. The current market cap is approximately $99.9501 million.
Centrifuge is a decentralized asset financing protocol that connects real-world assets to DeFi to lower capital costs for small and medium-sized enterprises and provide DeFi investors with a stable source of yield. With Centrifuge, companies can tokenize real-world assets and use them as collateral to obtain financing through the asset-backed loan Dapp Tinlake. Centrifuge is a professional on-chain asset management infrastructure that provides institutional-grade tokenization services for asset managers and investors, empowering institutional-grade tokenization through automated infrastructure, multi-chain coverage, and deep DeFi connectivity.
This news does not constitute investment advice; investors should be aware of market volatility risks.