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Centrifuge Launches Real-World Asset Lending Market with Morpho Vaults on Coinbase's Base

Real-world asset tokenization firm Centrifuge has launched a new lending market in collaboration with MorphoLabs and Coinbase's layer-2 blockchain, Base
By: DeepNewz • August 30, 2024
Centrifuge Launches Real-World Asset Lending Market with Morpho Vaults on Coinbase's Base

Real-world asset tokenization firm Centrifuge has launched a new lending market in collaboration with MorphoLabs and Coinbase's layer-2 blockchain, Base.

This initiative marks a significant development in onchain institutional lending, leveraging Coinbase attestations for the first time. The Morpho Vaults, which are now live, require users to create a Coinbase account, allowing seamless access to gated RWA vaults by Centrifuge.

The vaults are curated by Steakhouse Financial and Re7 Capital and include collateral from Centrifuge, Midas RWA, and Hashnote Labs. This collaboration aims to bring institutional-grade lending to the blockchain ecosystem.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

RWA

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