CFG (CFG)

Centrifuge growth will mirror Morpho. Coinbase distribution is powerful. https://t.co/u9HKg651US

Mind blown 🤯 Am I the only person who lost track of how enormous @centrifuge is? $1.5 Billion TVL, $1.2B of which is on Ethereum L1 I love to see teams like this bucking the bear trend! 🫡 https://t.co/NkUrDwErfM https://t.co/DYurhxOpsb

GRVT has partnered with one of the largest RWA infrastructures in crypto Centrifuge. This allows them to bring institutional grade treasury yield to on chain. Users can now earn yield without having to bridge funds, switching chains or giving up custody of their funds. I’m amazed at how good of a job @grvt_io team does at finding relevant partnerships. If you’re unaware of Centrifuge. They have over 1 Billion in TVL and have received the highest tokenized rating from S&P. So this was definitely a great partnership.

I will not sell my ethereum:0xcccccccccc33d538dbc2ee4feab0a7a1ff4e8a94 ... 😉 https://t.co/3PGmB4LpkW

I got a friend who recently got into crypto because of all the tokenization innovation that's happening. The first question he asked me: "Why can't I use my tokenized stocks across DeFi?" I mentioned deRWAs some time ago, and I think it’s time to revisit this topic. There's ~$30B of tokenized real-world assets onchain today. Sounds composable on paper. In practice, almost none of it is. Most of these tokens live in whitelisted wallets on a single chain, and the only addresses they can transfer to are other whitelisted addresses. So you can hold a tokenized treasury, but you can't send it to an Aave pool. That gating exists for a reason. The underlying asset is a real security, and the issuer is legally on the hook for who holds it. The deRWA idea is to move where the gating sits: • Check happens once at issuance (KYC at mint, Reg S eligibility for non-US persons) • After that, the token behaves like any ERC-20 on Base • Sits in any wallet, moves through any contract, usable across DeFi $deSPXA on @base

We got to speak with Bhaji at Capital Summit in Miami. We discussed the infrastructure and capital that’s tokenizing the world. Great watch.

$CFG update: I was really stupid to get caught up on fundamentals with this shit coin because its obviously doesn't matter for new coins. I think I got in at 0.11... but you live and earn. If this rips it's going to 53 cents. I would 100% sell there because there isn’t much room left on the weekly. Right now it's testing a shallow breakout. Longterm I'm seeing $3.