RWA Specialist Centrifuge Debuts Tokenization Service, Starting with Daylight

Core Insights - Centrifuge has launched a tokenization platform called Centrifuge Whitelabel, aimed at enabling institutions, fintech startups, and DeFi applications to create tokenized financial products more efficiently and securely [1][5] - The platform offers modular infrastructure for tokenizing various asset types, including private credit, insurance, energy infrastructure, and equity [1] - Daylight, a decentralized energy infrastructure startup, is the first to utilize this platform, raising $75 million to create tokenized vaults for energy assets, thereby simplifying backend development processes [2][3] Industry Trends - The tokenization sector is experiencing significant growth, with projections indicating it could expand from $35 billion currently to nearly $19 trillion by 2033 [3] - Major asset managers and banks are exploring tokenization to enhance liquidity and access to traditional financial instruments [3] Company Background - Centrifuge, founded in 2017, has established itself as a pioneer in bringing real-world assets on-chain, having distributed over $1.3 billion in tokenized assets [4] - The company aims to make tokenization a public utility, providing infrastructure that meets the standards of large asset managers while being accessible to the broader market [5]