
Centrifuge unveils multi-chain structure for $3.5B tokenized funds across 13 chains
- —Hub chain handles accounting, pricing and access; spoke chains issue, transfer and redeem shares
- —Centrifuge has issued 45 assets across 13 chains and processed 11,900 cross-chain settlements
- —Q3 TVL was $1 billion, but the methodology differs from the $3.5 billion figure
- —New York Life's HYB fund was extended to Solana and Avalanche
Why it matters: Running one fund across multiple chains cuts the cost of maintaining separate books per network and could speed up institutional tokenization.
Source: TokenPost
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