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Centrifuge has surpassed $1 billion in total value locked (TVL), joining BlackRock’s BUIDL and Ondo Finance in the exclusive real-world asset (RWA) tokenization club. The milestone reflects growing institutional demand for blockchain-based yield solutions beyond traditional T-bills. CEO Bhaji Illuminati highlights JAAA, an onchain CLO fund, as the next frontier for yield-seeking investors.
- Centrifuge becomes the third RWA platform after BlackRock’s BUIDL and Ondo Finance to surpass $1B in TVL.
- CEO cites institutional shift from pilot programs to active deployments as a key growth driver.
- JAAA, an onchain AAA-rated CLO fund, emerges as a yield alternative for institutions beyond T-bills.
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