2024-October Centrifuge DAO: Monthly Summary
Welcome to our monthly summary of news, events and governance updates from the Centrifuge DAO for October!
Centrifuge continued pushing the potential of real-world assets in October. From key strategic partnerships to venturing into new markets, this month has been packed with notable milestones. As well, the Real-World Asset Summit in NYC took place! More on this, and more exciting news, can be found in this newsletter!
- Real-World Asset Summit NYC
- Centrifuge Q3 2024 Recap
- GnosisDAO surpasses $3M in Tokenized Treasury Bills💰
- Centrifuge integrates with Fireblocks
- Behind the code: Web3 builders
Key Metrics
- TVL: $136.4M (MakerDAO: $43.48M)
- Anemoy Liquid Treasury Fund: $38.2M
- Total Assets Originated: $657M
- Assets Tokenized: 1560
- Token Holders: 54,781 Wallets (+247)
- Centrifuge Treasury: 22.21M CFG
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.
October highlights include:
- Centrifuge on the stage:
-RWA Singapore Recap
-Real-World Asset Summit NYC
Welcome to the Real-World Asset Summit
‘From Hoodies to Suits’: How We’re Reinventing TradFi
Fireside: Balancing DeFi Ideals With TradFi Integration
More RWA Summit session recordings are available
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Centrifuge Features & Media:
- 10 Mind-Blowing Things I Learned At Token 2049 Week About Web3 And AI (Forbes Digital Assets)
- RWA tokenization sector could see 50x growth by 2030 (Cointelegraph)
- BlackRock is Betting Big on Real-World Assets (Analytics Insight)
- Top 5 DeFi Trends in 2024: The Ultimate Guide (Crypto Potato)
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Research:
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Centrifuge continued pushing the potential of real-world assets in Q3: From key strategic partnerships to venturing into new markets. Notable milestones are:
- Sparks Tokenization Grand Prix
- Morpho market
- Ecosystem growth
- Introduction of the TAG
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GnosisDAO leveraged Centrifuge Prime to create a legal structure to invest in Tokenized Treasury bills through the Anemoy Liquid Treasury Fund (LTF) and the DAO surpassed $3 Million invested
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Centrifuge Integrates with Fireblocks, an enterprise platform to manage digital asset operations, to enhance Asset Management Solutions and Customer Experience
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.
Social media coverage:
Lucas Vogelsang: Real World Assets - Securing Millions w Centrifuge - Behind the Code: Web3 Builders
Why DAOs are Diversifying from “Crypto” with Real World Assets on Centrifuge
https://x.com/cao_lab/status/1851166371411001429
https://x.com/particula_io/status/1852312751546212666
Save the date:
Governance Call 31 (20th November
Governance
- To get an overview see the monthly Governance update provided by the Governance & Coordination Group as well the Q3 Status Summary.
- Two ongoing proposals the DAO needs your input and participation:
Strategic Token Swaps Initiative for Centrifuge DAO and Renewal RWA Lending Market Liquidity Bootstrap
*Reminder: If you haven’t joined a gov call yet, you have to register via the link in the forum post.
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
- POP: AfriCred Microfinance proposed a POP to advance financial inclusion and economic empowerment across Africa
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!