{"id":36907,"date":"2021-02-23T17:20:10","date_gmt":"2021-02-23T15:20:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36907"},"modified":"2025-08-29T08:45:05","modified_gmt":"2025-08-29T05:45:05","slug":"defi-protocol-centrifuge-raises-4-3-million-in-funding-with-galaxy-digital-on-board","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/defi-protocol-centrifuge-raises-4-3-million-in-funding-with-galaxy-digital-on-board\/","title":{"rendered":"DeFi protocol Centrifuge raises $4.3 million in funding with Galaxy Digital on board"},"content":{"rendered":"<p>The Centrifuge blockchain platform attracted $4.3 million in a funding round under the <simple_tooltip content=\"Simple Agreement for Future Tokens \u2014 a compromise fundraising model compatible with securities laws, tax regulations and the U.S. financial services sector.\">SAFT<\/simple_tooltip> model. <a href=\"https:\/\/decrypt.co\/58686\/galaxy-digital-leads-4-3-million-saft-into-blockchain-platform-centrifuge\" target=\"_blank\" rel=\"nofollow noopener\">Decrypt<\/a> reports.<\/p>\n<p>The funding round was led by investment firm Galaxy Digital and the IOSG Ventures research fund. It also included Rockaway, Fintech Collective, Moonwhale, Fenbushi, TRGC and HashCIB.<\/p>\n<p>The Centrifuge startup aims to bridge decentralized and traditional finance by creating new pools, improving the user experience, and through Polkadot-based solutions.<\/p>\n<blockquote>\n<p>\u201cIt is important to start connecting blockchain with the real world so that ordinary people can benefit from decentralized infrastructure and applications. Centrifuge is taking a leading role in this direction,\u201d said Josie Lin, co-founder and partner at IOSG Ventures.<\/p>\n<\/blockquote>\n<p>In January Galaxy Digital participated in a funding round for Terraform Labs <a href=\"https:\/\/u1f987.com\/en\/news\/galaxy-digital-and-coinbase-invest-25-million-in-terra-stablecoin-ecosystem\">at $25 million<\/a>, the Terra project developing a stablecoin, and launched <a href=\"https:\/\/u1f987.com\/en\/news\/galaxy-digital-to-launch-three-ethereum-funds-for-institutional-investors\">three Ethereum funds<\/a> for major investors.<\/p>\n<p>Earlier in February, the blockchain project Celo <a href=\"https:\/\/u1f987.com\/en\/news\/celo-blockchain-project-raises-20-million-from-a16z-greenfield-one-and-electric-capital\">attracted $20 million<\/a> from a16z, Greenfield One and Electric Capital.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news line, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Centrifuge blockchain platform raised $4.3 million in a funding round under the SAFT model\u2014a Simple Agreement for Future Tokens, a compromise fundraising model compatible with securities laws, tax regulations and the U.S. financial services sector. Decrypt reports.<\/p>\n","protected":false},"author":1,"featured_media":36908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[25,1093,770,1461,1378,1133],"class_list":["post-36907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain","tag-defi","tag-galaxy-digital","tag-polkadot-dot","tag-token-sales","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36907"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36907\/revisions"}],"predecessor-version":[{"id":36909,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36907\/revisions\/36909"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36908"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}