Centrifuge Migrates to Ethereum with Cross-Chain EVM-Native Protocol
Centrifuge, a real-world asset (RWA) tokenization platform, revealed on Thursday, July 24, the completion of its migration to the Ethereum ecosystem with the launch of Centrifuge V3.
The latest version of Centrifuge moves the protocol from being a parachain on Ethereum Layer 2 Polkadot to a multichain, Ethereum Virtual Machine (EVM)-native protocol, with support for RWAs across six EVM chains at launch: Ethereum, Plume, Base, Arbitrum, Avalanche, and BNB Chain. This migration was powered by Wormhole via its multichain interoperability platform.
A spokesperson for Centrifuge told The Defiant that the latest update is “both a migration and an expansion. On the migration side, we’re moving from our Substrate-based Centrifuge Chain and the V2 set of Solidity contracts to a single, fully EVM-native protocol.”
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