RWA Specialist Centrifuge Debuts Tokenization Service, Starting with Daylight
Centrifuge, a real-world asset (RWA) protocol, launched Centrifuge Whitelabel, a tokenization platform aimed at institutions, fintech startups, and DeFi applications. The platform enables secure and fast creation of tokenized financial products, such as private credit, insurance, and energy infrastructure. Daylight, a decentralized energy firm, is the first to use the platform to tokenize energy assets. Centrifuge has distributed over $1.3 billion in tokenized assets since its founding and aims to make tokenization a public utility. The Whitelabel platform supports both self-service and collaborative models, with an additional managed service available via its asset management arm, Anemoy.
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Introduction to Centrifuge's Tokenization Platform
Centrifuge, a real-world asset (RWA) protocol, unveiled on Wednesday a tokenization platform aimed at assisting institutions, fintech startups, and DeFi applications. This platform, called Centrifuge Whitelabel, is designed to enable faster and more secure creation of tokenized financial products. According to a press release shared with CoinDesk, this modular infrastructure supports tokenizing assets ranging from private credit and insurance to energy infrastructure and equity.
Daylight: The First Adopter
Daylight, a decentralized energy infrastructure startup that recently raised $75 million led by Framework Ventures, is the first company to adopt Centrifuge Whitelabel. The startup uses the platform to create tokenized vaults for energy assets, bypassing much of the complex backend development usually required for issuance, investor onboarding, and cross-chain asset distribution. According to Daylight co-founder Jason Badeaux, “Centrifuge’s architecture gives us maximum expressivity and a robust set of primitives to build on.” He further emphasized that the platform allows Daylight to prioritize security, customization, and native DeFi integration.
Growing Demand for Tokenization
This offering emerges amid a broader industry push to embrace tokenization, the process of issuing blockchain-based representations of traditional financial instruments. Large asset managers and banks are exploring the tokenization of funds or private credit, aiming to enhance liquidity and access. According to a report by BCG and Ripple, the tokenization sector is expected to grow from $35 billion today to nearly $19 trillion by 2033.
Centrifuge's Pioneering Role
Founded in 2017, Centrifuge has been a leading pioneer in bringing RWAs onchain. The protocol has distributed over $1.3 billion worth of tokenized assets, including credit funds and equity indexes, according to RWA.xyz data. CTO and co-founder Jeroen Offerijns stated, “Our mission has always been to make tokenization a public utility, a system that anyone can build on, yet one that meets the same standards as the world’s largest asset managers.”
Centrifuge Whitelabel’s Accessibility
The Centrifuge Whitelabel platform is available in two tiers: a self-service model for developers and a collaborative offering for teams that require more hands-on support. Additionally, the company provides a fully managed service through its asset management arm, Anemoy. This approach broadens the accessibility of Centrifuge's trusted infrastructure to the entire market, making it a versatile tool for global institutions and smaller developers alike.