According to TechFlow, on May 5th, Coinbase announced a "seven-figure" strategic investment in Centrifuge and selected it as the main asset tokenization cooperation platform for its public chain Base.
Under the partnership, Centrifuge will become the core infrastructure for issuing tokenized assets on Base, supporting the on-chain and trading of real-world assets (RWAs), including ETFs, credit funds, and structured products. The two parties already have a history of collaboration, including the launch of the first compliant on-chain S&P 500 index fund on Base.
Coinbase stated that it chose Centrifuge because of its strengths in institutional-grade infrastructure, compliance capabilities, and scalability. The platform offers a complete solution from asset structuring and tokenization tools to yield interfaces and compliance support.
This collaboration is seen as an important step in Coinbase's strategy to strengthen asset tokenization, and may be further expanded to more highly liquid traditional financial assets in the future.
