The blockchain world just gained another heavyweight. Centrifuge, a platform built to bring real-world assets (RWAs) onchain, has crossed the $1 billion total value locked (TVL) mark. By doing so, it joins the rare company of BlackRock’s BUIDL fund and Ondo Finance. These are the only other RWA platforms to hit the same milestone. This shows that tokenized assets are moving beyond trials and are now gaining serious acceptance from institutions. Investors Look Past Treasuries for Higher Yields For years, U.S. Treasuries have been the default onchain investment provider, giving investors an easy entry into the blockchain markets. However, according to Centrifuge’s CEO Bhaji Illuminati, investors now want more than risk-free rates. Centrifuge’s JAAA product, modeled after Janus Henderson’s AAA-rated loan obligation fund, is proof. This investment product is currently the fastest-growing tokenized fund in the segment. It offers higher yields while keeping a strong credit profile. Illuminati says interest in private credit is also rising, signaling that institutions are actively searching for returns beyond government bonds . The CEO expects public assets like treasury bonds and stocks to lead in the short term because they are liquid and familiar. However, he believes private markets will win over time as blockchain cuts costs and is efficient. A report by Boston Consulting Group and Ripple backs this, predicting the tokenized RWA market could top $18 trillion by 2033, growing 53% each year. Centrifuge Brings the S&P 500 to the Blockchain Centrifuge is moving beyond bonds and credit. In July, it launched a tokenized S&P 500 fund in partnership with S&P Dow Jones Indices. The fund, based in the British Virgin Islands, is made to feel familiar to traditional investors but is also available onchain. It is backed by a large pool of capital, and the launch has already drawn strong interest. Illuminati said this fund is only the start, with plans to bring sector-specific and thematic indexes onchain shortly. S&P Dow Jones Indices is also preparing to license tokenized versions of its indexes to major exchanges and custodians. This means that shortly, investors could trade blockchain-based versions of some of the world’s most recognized indexes with the same ease as buying crypto today. Centrifuge Expands Real-World Assets for Both TradFi and DeFi Behind the scenes, Centrifuge is building an ecosystem where both traditional asset managers and Web3-native players can participate. Its RWA Launchpad provides tools for bringing assets onchain, while Anemoy, a Web3-native asset manager, is helping traditional managers enter the space. On the demand side, stablecoins and yield-generating products have become the biggest buyers. These groups rely on RWAs to create a “yield floor” for reserves. Additionally, Centrifuge is planning to expand access with its deRWA initiative. The goal is to bring tokenized assets to retail investors through exchanges, wallets, lending platforms, and decentralized finance (DeFi) apps. The post Centrifuge Reaches $1B TVL as Tokenized Assets Gain Ground appeared first on TheCoinrise.com .
