Centrifuge has raised $15M to scale the adoption of institutional DeFi.
With this round of Series A funding secured, we're excited to share our key focuses for Centrifuge's development, innovation, and adoption across the worlds of traditional and decentralized finance: ↓
𝗙𝘂𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: We're building the most efficient and user-friendly fund management platform onchain. Managers can launch funds, tokenize assets, and offer investment opportunities — all through Centrifuge.
𝗢𝗻𝗰𝗵𝗮𝗶𝗻 𝗨𝘁𝗶𝗹𝗶𝘁𝘆: We're continuing to build more integrations for lending, borrowing, and investing in real-world assets, taking advantage of the entire DeFi ecosystem's composability and utility.
𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗚𝗿𝗼𝘄𝘁𝗵: Through being a founding member of the Tokenized Asset Coalition as well as hosting the global Real-World Asset Summit, we're fostering an industry where a rising tide lifts all boats.
𝗡𝗲𝘄 𝗧𝗮𝗹𝗲𝗻𝘁: Key hires to our core team will accelerate Centrifuge's development and adoption.
"The Centrifuge team is a leader in real-world asset tokenization, taking a deeply thoughtful approach to design decisions around legal, regulatory, and smart contract architecture. We believe we're reaching an inflection point in institutional adoption and are excited to double down with the Centrifuge team." - Ben Forman, @paraficapital.
"We firmly believe that Centrifuge is poised to claim significant portions of this market. Having pioneered their category, the team demonstrates unwavering resilience through many years of commitment across several market cycles. Their expertise in navigating the intricacies of integrating real-world assets into decentralized finance is unparalleled." - @felix_macht, @greenfield_cap.
We're grateful for Centrifuge's supporters who share our vision of a better financial system onchain. As we move forward, we're more enthusiastic than ever about creating a more efficient, fair, and inclusive financial system. 🌀
As we hit the runway in Dubai, we're excited to announce the next leg of our RWA tour: Austin, Texas!
Parallel to Consensus 2024, we're curating a day bringing together the best of the RWA space.
Co-hosted by @centrifuge, @superstatefunds, @galaxyhq, and @humafinance. 🧵↓
I read Béla Jávorszky's memorial of the time he was the first ambassador of Hungary to Finland after 1989 and the newly independent Baltic states. It was an interesting read.
A bit of a political history thread ahead. 🧵
A month ago, at this hour, I had to tell my two daughters - 3.5 years old and 20 months old - that they must remain completely silent. No word, no cry.
It was 7AM, they had just woken up in a dark room with no electricity or food, and five people were shouting outside the window.
Please help me protect life in Ukraine. Russia has targeted Ukrainian civilians and civilian infrastructure. This means the water supplies and energy supplies that people need to stay alive, especially throughout the winter. Last winter Russia tried to freeze the Ukrainians. 1/
The EU promised Ukraine 1,000,000 artillery rounds. So far, we have delivered only 300,000. Meanwhile, North Korea delivered 350,000 to Russia.
We surely have the resources to outperform North Korea.
We should stop being frozen in the headlights while brave Ukrainians die.
“Israel is unwilling to give the people in Gaza and the West Bank more than an inch of freedom to live.”
Lots of people are retweeting this as an example of “great analysis.” In reality, it’s peppered with false moral equivalencies and half truths (if not outright falsehoods).
I want to address the most important and pernicious falsehood here, the one pasted above.
Israel *is* willing to give the people in Gaza and the West Bank “more than inch of freedom to live.” In fact, Israel has given a lot more than that in the past.
With respect to Gaza, Israel forcibly withdrew every single man, woman, and child—all 8,000 of them living there—from their homes in Gaza in 2005. The “disengagement,” as it was called, opened a deep, painful rift in Israeli society. Soldiers sobbed as they dragged their brothers and sisters out of homes. Every synagogue, school, factory, army base in Gaza was abandoned. Not a soldier remained.
All of this was carried out by a *right wing Israeli government* in the name of peace and Palestinian self determination.
Gazans were free—free enough to elect, not more than a year later (2006), Hamas, an organization with an official charter calling for the destruction of Israel and the killing of Jews. It was only *after* Hamas rose to power and started launching rockets at Israel that Israel imposed a permanent blockade of the strip, to stop the weapons influx.
Again, note the order of causality here. Israel unilaterally disengages in 2005. Hamas takes power (after a democratic election) in 2006-2007. Terror attacks start. Israel responds with a permanent naval blockade and air strikes and, every half decade or so, a ground invasion in response to an uptick in rocket attacks to destroy weapons caches and terror strongholds.
As for the West Bank, Israel has initiated peace processes various times since the 1947 UN partition plan was accepted by Israel but rejected by the Arab countries (who promptly invaded from all sides). All of these times—1993, 2000, 2008, 2019, and more—Israel has offered “land for peace” only to be met by firm rejectionism from elected Palestinian leaders, followed by government-sponsored terror attacks and rockets soon after.
The exception that proves the rule: after the Six Day War in 1967, Israel conquered the whole Sinai peninsula from Egypt. In 1979, the Israeli Prime Minister Menachem Begin—the father of the Israeli Right, and Bibi Netanyahu’s political hero—signed a peace treaty with Egypt: land (the Sinai) for peace. That treaty was *accepted* by Egypt and there’s been peace for the past 40+ years.
Not so with the Palestinians.
Instead, Hamas remains by all accounts *the most popular political party* not just in Gaza but also in the West Bank (which doesn’t have democratic elections these days). The original post would have you believe otherwise (“The Palestinian people do not have a government or leaders who legitimately represent their interests”). But time and again, anonymous polling has shown Hamas to be the most popular political group among Palestinians. If the PA in the West Bank allowed free elections, all analysts predict that Hamas would win in a landslide.
Does that mean there are zero Palestinians who want peace, or even just normal lives? No. But there is broad mainstream support for Hamas not just among Palestinians, but across the Arab world and, as we’ve seen in recent days, across even elite American college campuses.
Even—in some cases, especially—after the barbaric rape, beheading, and butchering of a thousand Israeli civilians this past weekend.
Stop with the moral equivalencies.
39 років разом.
Не знаю, багато це чи мало, але для мене – це все життя. Все життя поруч з прекрасною жінкою.
Дякую, кохана, що ти є в моєму житті. Дякую за кожен день. За те, що поруч. За твою любов та підтримку. За віру в мене, нашу країну та нашу Перемогу.
Сьогодні, у нашу річницю, загадую одне бажання. Воно — спільне для всіх 💙💛
Люблю. Дякую. Разом. Назавжди.
Returned to Kyiv today to meet with our Ukrainian partners to discuss their ongoing counteroffensive, future assistance and reconstruction efforts, and above all, to reinforce the unwavering U.S. commitment to Ukraine.
Зараз я вже бачу, що починається потроху протверезіння Заходу. Дуже повільно. Захід весь час запізнюється. Взагалі величезна проблема демократії у тому, що вони запізнюються у стосунках з диктатурами.https://t.co/F34ApCLdFp