Republic Digital announced a strategic investment in the company Centrifuge through its Opportunistic Digital Assets Fund, highlighting the interest in tokenized finance.
Republic Digital's Investment in Centrifuge
On August 26, Republic Digital announced a strategic investment in Centrifuge through its Opportunistic Digital Assets Fund. The amount of the investment was not disclosed. According to Republic Digital, this reflects its commitment to the future of tokenized assets.
Centrifuge's Development Plans
Centrifuge stated that the funds from Republic Digital will go towards making its real-world assets more accessible, composable, and liquid. Currently, the total value of all assets locked in Centrifuge has reached $1.2 billion, up from $120 million just six months ago.
Comments from Executives
Joe Naggar, CEO of Republic Digital, emphasized the importance of tokenized assets, stating:
> "Tokenized treasuries have captured a lot of attention lately, but now the question is what comes next. Centrifuge delivered that answer with JAAA. They’re not just experimenting, they’re executing. The infrastructure is live, the products are functioning, and the market is only beginning to grasp the scale of what this team has built. Our investment reflects strong conviction in both their leadership and long-term vision."
Bhaji Illuminati, CEO of Centrifuge, added:
> "Tokenization is not merely a trend, it’s the long-term architecture of modern finance. We’ve spent years building the infrastructure to drive it, and with live products like JAAA, the shift from theory to execution is already underway. The next phase is about scaling access, liquidity, and composability."
Republic Digital's investment in Centrifuge underscores the growing interest of traditional financial institutions in tokenized and real-world assets, which may lead to significant changes in the financial sector.
