The launch adds another top-tier asset manager to Wall Street’s tokenization push. Companies such as BlackRock, Franklin Templeton, Apollo and Janus Henderson have adopted on-chain versions of traditional funds, betting that technology can modernize the way assets are issued, transferred and settled. Supporters argue that the technology can shorten settlement times, improve operational efficiency, and allow assets to move more easily through blockchain-based financial applications.
For Centrifuge, the partnership adds another great asset manager to its platform. The company already tokenizes funds from Apollo, Janus Henderson, and those assets are increasingly integrated into decentralized finance protocols like Aave and Morpho. It is also the preferred tokenization partner of Coinbase, which made a strategic investment in the company.
According to rwa.xyz, the real-world tokenized asset market has grown to over $30 billion excluding stablecoins. Citi projects that tokenized assets could reach $5.5 trillion by 2030, while Standard Chartered estimates the market could expand to $2 trillion by 2028 as blockchain-based finance gains broader adoption.
While early institutional efforts focused on token US Treasury funds, companies are increasingly expanding into other asset classes such as private credit, stocks and corporate bonds.
