Loading...
Loading...
Browse all stories on DeepNewz
VisitCentrifuge's Next Major Milestone by End of 2025
Secures additional funding • 25%
Partners with another major fintech or DeFi company • 25%
Expands into new markets • 25%
None of the above • 25%
Press releases, financial reports from Centrifuge, or industry news updates.
Centrifuge Secures $15M Series A Led by ParaFi, Greenfield, and Wintermute
Apr 17, 2024, 11:36 AM
Centrifuge, a platform that specializes in turning real world assets (RWAs) into loans, has successfully raised $15 million in a Series A funding round. The round, led by ParaFi Capital and Greenfield and backed by Wintermute Ventures, was oversubscribed, indicating strong investor interest. This funding will support Centrifuge's development, innovation, and adoption in both traditional and decentralized finance. Key focus areas for the newly acquired funds include efficient on-chain fund management, more DeFi integrations, ecosystem growth, and strategic hires. Additionally, a proposal has been made to the DAO to build an RWA Lending Market on Base, further expanding Centrifuge's influence in the DeFi sector. The team, led by Lucas Vo, is poised for significant advancements in institutional DeFi.
View original story
Deploying AGI in a real-world application • 33%
Doubling its client base • 33%
Establishing a new headquarters in another country • 33%
Yes • 50%
No • 50%
Robinhood • 20%
Kraken • 20%
Coinbase • 20%
Uniswap • 20%
Metamask • 20%
Financial services • 25%
Gaming • 25%
Social media • 25%
Data privacy • 25%
Raises over $100 million • 25%
Raises $50 million to $100 million • 25%
Raises less than $50 million • 25%
No new funding announced • 25%
DeFi Platforms • 25%
Gaming • 25%
NFT Marketplaces • 25%
Cross-chain Operations • 25%
Series B • 33%
Series C • 33%
No new major funding • 33%
Significantly positive impact • 25%
Moderately positive impact • 25%
Neutral impact • 25%
Negative impact • 25%