DeFi· ★★★· bullish·

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