Coinbase Selects Centrifuge as Preferred Tokenization Backbone, Acquires Equity Stake

Coinbase, a leading cryptocurrency exchange, has chosen Centrifuge as its preferred tokenization infrastructure provider, signaling a major step into real-world asset (RWA) tokenization. As part of the partnership, Coinbase has also taken an equity stake in Centrifuge, underscoring its long-term commitment to the platform. This move aligns with Coinbase’s strategy to expand beyond crypto trading into decentralized finance (DeFi) and asset tokenization, leveraging Centrifuge’s technology to bridge traditional finance with blockchain. The collaboration is expected to enhance liquidity and accessibility for tokenized assets, potentially boosting adoption of RWA protocols. No specific token ticker was mentioned, but the news is bullish for the broader DeFi and tokenization ecosystem, including related projects like CFG (Centrifuge’s native token).