Republic Digital Backs Centrifuge in Strategic RWA Tokenization Move
Republic Digital's Opportunistic Digital Assets Fund has taken a strategic position in Centrifuge, a leader in real-world asset (RWA) tokenization. The undisclosed investment underscores growing institutional confidence in blockchain-based financial infrastructure.
Centrifuge's JAAA ETF—a democratized collateralized loan obligation product—has emerged as a breakthrough application. The fund's total value locked surged tenfold to $1.2 billion within six months, signaling robust market demand for structured crypto-fixed income solutions.
"Tokenized treasuries were just the opening act," said Republic Digital CEO Joe Naggar. "Centrifuge's operational infrastructure proves this isn't theoretical—they're delivering institutional-grade products at scale." The partnership highlights accelerating convergence between traditional finance and decentralized protocols.