Coinbase Expands Tokenized Asset Strategy with Centrifuge Partnership
Coinbase is pushing further into tokenized capital markets by expanding its strategy across multiple asset classes. The move comes as the broader real-world asset sector grows, with onchain tokenized assets now valued at roughly $27 billion. Treasury and fixed income products alone make up nearly $16 billion of that total. The exchange has chosen Centrifuge as its default issuance layer for tokenized assets, including those on its Base network. Coinbase also acquired an equity stake in the firm, reinforcing its role as a core infrastructure partner. This partnership aims to streamline the creation of blockchain-based financial products.
In the coming weeks, the first wave of institutional assets will launch on Base. Coinbase Asset Management is driving this expansion through collaborations with Superstate and Apex Group. The focus includes ETFs, credit products, and structured offerings, all issued via blockchain technology.
The expansion positions Coinbase at the forefront of onchain asset tokenization. With Centrifuge as its infrastructure backbone, the exchange is set to roll out new institutional products shortly. The total value of tokenized real-world assets now stands at $27 billion, signalling growing adoption in the sector.
