$0.70
1H
-0.01%$0.0001
24H
0.21%$0.0015
7D
11.7%$0.0729
30D
-26.1%$0.2461
Centrifuge platform announced its Series A funding round was led by ParaFi Capital and Greenfield with participation from a dozen other venture capitals.
Competition for the remaining slots is looking tough, and there are a number of key contenders battling it out.
Centrifuge will use privacy-enabled NFTs to track asset ownership while keeping some of the assets’ attributes private on a peer-to-peer (p2p) protocol.
One of the innovations that are exciting about Centrifuge and other similar collateral-asset systems is the blending of public and private data on privacy-enabled NFTs.
Centrifuge debuted on KuCoin is a new DeFi protocol built on Polkadot and bridged by Ethereum.