Centrifuge Token Migration Begins
Centrifuge, a leading DeFi protocol for real-world asset tokenization, will allow CFG and wCFG holders to migrate to a new CFG token from May 20 to November 30, 2025. The new token aims to streamline governance and fuel the protocol’s expansion, aligning with Centrifuge’s mission to bridge real-world assets to blockchain. This migration simplifies the dual-token structure (CFG on Polkadot, wCFG on Ethereum) into a single token optimized for Ethereum’s EVM, enhancing institutional DeFi adoption [Centrifuge.io]. Expect price volatility as holders swap tokens—new features may drive demand, but early selling could cause dips [TradingView News, 2025-05-13]. Recent NewsCentrifuge has been active lately! In March 2025, they tokenized $10M in real-world assets, a 25% increase from Q4 2024, signaling strong growth in their Tinlake Pools [Coindar.org]. They’re also set to speak at the Real-World Asset Summit in New York (October 2025), boosting their visibility in the DeFi space. Future PlansPost-migration, Centrifuge plans to enhance onchain transparency with real-time asset performance tracking and advanced reporting features for asset managers. Their roadmap includes expanding tokenized asset offerings across the credit yield curve by Q1 2026, aiming to attract more institutional investors [Centrifuge.io]. Onchain DataWhile specific CFG migration data isn’t available yet, Centrifuge’s onchain activity shows promise. Their Tinlake Pools have seen a 15% uptick in transaction volume since January 2025, reflecting growing user engagement [Etherscan]. Community SentimentX reactions are mixed but mostly bullish. Users like @jackb0rg see the move to Ethereum as a logical step for DeFi growth, though some, like @0xJoeysantoro, question the fixed migration window. Overall, the community is optimistic about $CFG’s future. Risk DisclaimerToken migrations can lead to price swings—monitor market trends and ensure you follow official migration steps to avoid scams.
Centrifuge
May 20