Centrifuge to replace CFG token with company shares
- —CP172 approved in September 2026 with 98% support from the Centrifuge community
- —CFG converts into shares of a Cayman Islands entity via a subscription process
- —By early 2025 the platform had financed over $663 million in assets and tokenized 1,585 assets
- —Bloomberg: over 90% of major-exchange tokens trade below their listing price a year after launch
Why it matters: Centrifuge's restructuring signals that RWA platforms may abandon tokens to attract institutional capital, reshaping how the sector's tokenomics are valued.
Source: Crypto Briefing