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Centrifuge officially launched a $400 million tokenized U.S. Treasury fund on the Solana blockchain, marking its entry into institutional-grade financial products on the network.
Centrifuge is a blockchain platform dedicated to bringing real-world assets (RWAs) onto decentralized finance (DeFi) systems, and has become one of the top RWA protocols by total value locked as of May 2025
Bhaji Illuminati, CEO of Centrifuge, stated that the company’s launch of tokenized treasuries on Solana reflects its goal to make real-world assets not only tokenized, but immediately usable within DeFi infrastructure.

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