According to Foresight News, Centrifuge, an RWA lending protocol, has successfully raised $15 million in a Series A funding round. The round was led by ParaFi Capital and Greenfield, with participation from Circle Ventures, IOSG Ventures, Arrington Capital, Spartan Group, and Wintermute Ventures.
In addition to the funding news, Centrifuge announced plans to establish a lending market named Centrifuge Pools on the Base network. This move is expected to further expand their operations and reach within the financial sector. The details of the lending market, including its operational structure and potential benefits for users, have not been disclosed yet.
The successful funding round and the upcoming launch of Centrifuge Pools mark significant milestones for the company as it continues to grow and innovate within the lending protocol space.