Centrifuge launches multichain tokenization platform for institutional asset managers.

Centrifuge has introduced a live, audited multichain infrastructure allowing institutions to tokenize and manage funds across 13 blockchains without custom builds. This new system uses a programmable vault stack and hub-and-spoke architecture to unify accounting, pricing, and permissions, simplifying fund distribution and reducing operational costs. Major firms like New York Life and Janus Henderson are already using the platform for various bond and loan funds. The rollout also includes governance updates for the CFG token, with partnerships involving Coinbase and Ethena, signaling growing institutional adoption and innovation in tokenized asset management.

Centrifuge's CFG token is trading at Rp2.024 on Pluang as of Oct 23, 2026 18:33 WIB, showing a 1-day decline of 2.23%. Despite this drop, the token maintains a market cap of Rp1,17 trillion with a 24-hour trading volume of Rp123,65 million. The Pluang platform data also reveals strong buyer interest, with 100% of order activity on the buy side and a typical hold time of 6 days, highlighting steady investor engagement amid the institutional adoption news.