Centrifuge launches tokenization platform Whitelabel

According to CoinDesk, Centrifuge has launched a tokenization platform called Centrifuge Whitelabel, aimed at helping institutions, fintech companies, and DeFi applications create tokenized financial products more efficiently.

The platform offers modular infrastructure that supports the tokenization of various assets, ranging from private credit to energy infrastructure. Decentralized energy startup Daylight has become the first partner to use the platform, which will create a tokenized vault for energy assets, streamlining the issuance and cross-chain asset allocation processes.