2024-July Centrifuge DAO: Monthly Summary
Welcome to our monthly summary* of news, events and governance updates from the Centrifuge DAO for July!
*Please subscribe to the newsletter to receive the latest updates directly to your inbox!
RWA Brussels solidified the Real-World Asset Summit as the ultimate event series and it showcased the growing maturity of the tokenization industry with the conclusion: Institutions are here to stay! This, and much more, can be found in this newsletter!
- RWA Brussels 2024
- Centrifuge Q2 Recap
- Governance: Q2 Status 2024
- Discussion to onboard the Polkadot treasury onto Centrifuge
- New Reporting Features plus a New version of the Centrifuge App
Key Metrics
- Total Value Locked (08/01/24): $282M (MakerDAO: $169M)
- Total Assets Originated: $626M
- Assets Tokenized: 1512
- Token Holders: 54,181 Wallets (+206)
Ecosystem
The Ecosystem is focused on educating the world about Centrifuge, creating visibility and opportunity for RWAs, and sharing the narrative of how the world’s credit will be financed through DeFi.
July highlights include:
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Centrifuge on the stage:
- RWA Brussels: Finding product market fit: RWAs & Stablecoins with Lucas🎙️
- Stable Summit II: Regulating Stablecoins and Tokenized Assets with Eli🎙️
- EthCC: Cassidy about Stablecoins as the next Central Bank: a new global currency🎙️
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Centrifuge Features & Media:
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Research:
- From ripples to waves: The transformational power of tokenizing assets (McKinsey & Company)
Community
The Community is represented primarily by individuals and organizations that are actively participating in governance, contributing to processes and discourse, and are economically tied to the success of Centrifuge.
- A few takeaways of RWA Brussels:
-Tokenization is inevitable
-The institutions are here to stay
-Composability will lead to mass adoption. - Some of the highlights of the Centrifuge Q2 Recap:
-An oversubscribed Series A funding
-Centrifuge is growing/Ecosystem growth
-Setting new benchmarks in onchain finance
-The Real-World Asset Summit is the can’t miss event of 2024 - A proposal in the Polkadot community was opened to onboard the Polkadot Treasury to onboard onto the Centrifuge platform to earn yields in Real-World Assets!
More community news and Social media coverage:
@TheKusamarian: Discussion: Polkadot Community to Onboard onto the Centrifuge Platform
https://x.com/Polytrade_fin/status/1816197593728434467
https://x.com/zondax/status/1807774051823174099
https://forum.polkadot.network/t/new-polkadot-ledger-app/8817
https://x.com/GL_Capital_/status/1810970272394088859
https://x.com/EthCC/status/1811413392780836917
News from our ambassadors…
https://x.com/bella_rwa/status/1816192353486684581
https://x.com/CentrifugeAsia/status/1816704405649129656
Save the date: 
RWA Singapore | September 17 @TOKEN2049 
Real-World Asset Summit New York | October 22 & 23
Governance
- To get an overview see the monthly Governance update provided by the Governance & Coordination Group.
- In the Governance Call 28*, an update from the RWA in Brussel was given as well as a quick inside into the importance of Token Standards as well the Proposal for the Polkadot community.
*Reminder: If you haven’t joined a gov call previously, you have to register in the forum post. - For quarterly governance updates fits the Status Q2 2024 blog
Please actively participate in the governance process, leave your comments and remarks in the RFCs and vote on proposals:exclamation: 
Protocol
The Protocol is represented primarily by organizations that are actively using Centrifuge’s technology to facilitate the underwriting, structuring, and financing of RWAs.
Product & Engineering
- A new version of the Centrifuge App was just released, which brings a series of reporting features. With this update we’re setting the standard for onchain transparency and reporting with a new suite of reporting features in the Centrifuge app.
- Altair: The Migration to OpenGov happened and it is live now on the Altair network
Stay tuned for the next monthly update with more news, governance updates and developments from the ecosystem!
Connect with us as a reply to this post or you can get in touch with the team, ambassadors or moderators in Discord!