Coinbase Invests in Centrifuge, Selects It as Preferred Tokenization Infrastructure

Coinbase: Coinbase is a trusted platform enabling individuals, businesses, and institutions to trade, stake, store, and transfer crypto assets while providing critical infrastructure for onchain activity and developer tools. It offers regulated services for institutional clients including custody and payment rails. Recently, Coinbase made a strategic investment in Centrifuge and selected it as the preferred tokenization infrastructure to bring differentiated institutional assets to its Base network. Centrifuge: Centrifuge is an open infrastructure platform for onchain asset management focused on tokenizing real-world assets like treasuries, credit, and funds through automated tools and DeFi integrations. It supports multichain operations and provides self-serve or customized tokenization services for institutional use. In this news, Centrifuge was chosen by Coinbase as its preferred tokenization backbone following a strategic investment, enabling issuance of assets such as ETFs and structured products on Base. `json { "Base Network": "Base is an Ethereum layer-2 network incubated by Coinbase, designed to empower builders and facilitate onchain economic activity.", "Partnership Impact": "The collaboration positions Centrifuge as a key platform for tokenizing institutional assets across Coinbase's ecosystem.", "RWA Infrastructure": "Centrifuge emphasizes institutional-grade tokenization with seamless DeFi connectivity." } `