
Centrifuge, a Swiss tokenization platform, now manages $1.6 billion in tokenized assets with a 23% increase in holders to about 1,100 in one month. Most of this value comes from two Janus Henderson-managed funds: a $880 million US Treasuries fund and a $700 million AAA-rated collateralized loan obligations fund. The platform's growth is supported by partnerships with Coinbase and Ethena and operates across Ethereum and Avalanche blockchains. Despite the $1.6 billion total value locked, Centrifuge's governance token CFG has a smaller market cap of $40-$60 million but a broader holder base of around 11,000 wallets.