Centrifuge, a DeFi protocol focused on real-world asset investments, launches Centrifuge Prime, enabling DAOs to manage various RWAs in beta. Centrifuge Prime aims to empower DAOs to explore new revenue streams, as stated by Centrifuge CEO and Co-Founder, Lucas Vogelsang, emphasizing the importance of protocols in establishing secure legal and technical frameworks for real-world asset investments.

Centrifuge is an on-chain credit protocol that enables users to finance real-world enterprises and access assets such as asset-backed securities, real estate, and invoice financing. Investors can earn stablecoin yields and rewards through Centrifuge's CFG token, with a current valuation of $200 million. Centrifuge Prime provides DAOs with a technical and legal framework to invest in RWAs securely.

Centrifuge recently partnered with Aave and MakerDAO to introduce a diverse RWA market on Aave v2. MakerDAO supported RWAs by allowing liquidity providers connected to Centrifuge to mint Maker's DAI stablecoin. In December 2022, MakerDAO collaborated with Block Tower Credit to position $220 million on Centrifuge, with plans to tokenize the vault and shift activities on-chain in partnership with BlockTower.

MakerDAO, led by Founder Rune Christensen, is working on Endgame and expanding its reach to real-world assets, allocating an additional $750 million for investments in U.S. treasuries and bonds.