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Centrifuge integrates Symbiotic to offer instant USDC liquidity for tokenized funds
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News EditorTechub News, citing CoinDesk, said Centrifuge has teamed up with Symbiotic to give eligible holders of tokenized funds instant USDC liquidity, while redemptions of the underlying assets will settle in parallel. Centrifuge is a real-world asset tokenization platform, and Symbiotic is a decentralized restaking protocol. The integration is aimed at improving capital efficiency for tokenized funds and bringing RWA and DeFi closer together.
Techub News, citing CoinDesk, said RWA protocol Centrifuge has integrated with restaking protocol Symbiotic to provide eligible holders of tokenized funds with instant USDC liquidity.
Redemptions of the underlying assets will settle in parallel, according to the report.
Centrifuge is a platform focused on real-world asset tokenization, with the goal of bringing traditional financial assets onchain. Symbiotic is a decentralized restaking protocol that lets users stake assets to support the security of other protocols.
The integration is intended to improve the capital efficiency of tokenized funds and speed up the convergence between the RWA and DeFi ecosystems.
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