Centrifuge, a decentralized finance platform, has announced the appointment of Jürgen Blumberg, formerly head of exchange-traded funds (ETFs) at Goldman Sachs, as Chief Operating Officer. Blumberg will also serve as Chief Investment Officer of its affiliate, Anemoy. Blumberg brings over 20 years of capital markets experience at institutions including Goldman Sachs, Invesco, and BlackRock. Centrifuge currently specializes in tokenizing investment products, with over $760 million in locked-in value on the platform, including a $400 million tokenized U.S. Treasury bond fund issued in partnership with Anemoy. The platform recently expanded its product offerings with the launch of a blockchain-based version of the S&P 500 index and a tokenized credit obligation fund in partnership with asset manager Janus Henderson. (CoinDesk)

Odaily Planet Daily News: Grove, a credit protocol in the Sky ecosystem (formerly the MakerDAO ecosystem), announced on Monday that it will expand to the Avalanche blockchain network and plans to allocate up to US$250 million in funds to tokenized credit products. According to the announcement, Grove will invest in the Anemoy AAA CLO fund (JAAA) issued by Janus Henderson through the blockchain tokenization platform Centrifuge. As a top global asset management company with $373 billion in assets under management, Janus Henderson's move is one of the largest attempts by traditional financial institutions to enter the Avalanche Real World Asset (RWA) ecosystem. Centrifuge will also launch the Janus Henderson Anemoy Treasury Fund (JTRSY) backed by U.S. Treasuries. The protocol plans to replicate this model in the structured credit sector, providing crypto-native and traditional investors with programmable channels to enter the trillion-dollar market. (Coindesk)

Odaily News DeFi protocol Grove announced that it has committed $1 billion to combine traditional financial assets with decentralized finance. The protocol focuses on collateralized loan obligations and provides crypto-native protocols with access to real-world asset investments. Through its infrastructure, Grove provides crypto-native protocols and asset managers with access to real-world asset (RWA) investments, helping them put idle reserves to use and earn returns independent of the crypto market. (CoinDesk)

Odaily News Coinbase Assets posted on the X platform that Centrifuge has migrated its ERC-20 token WCFG to the new token CFG. Coinbase will not automatically perform the migration operation for users. Users need to manually complete the exchange through the Centrifuge official migration portal before November 30, 2025, and support self-hosted wallets such as Coinbase Wallet.

1. Trump's tax reform bill was approved by the House of Representatives with a narrow margin 2. US senators plan to amend the GENIUS Act to restrict the Trump family from profiting from stablecoins 3. Trump opponents gathered outside Trump dinner to protest 4. US Vice President Vance will speak at the "Bitcoin 2025" conference 5. Sui Ecological Tokens All Collapsed, Community Rumors CETUS LP Was Attacked 6. Cetus hackers have stolen more than $200 million and started transferring USDC 7. James Wynn bought 3.3 million SUI with 10x leverage, with a position value of $13.22 million 8. Cetus: Negotiating with hackers to return assets 9. Cetus: Attackers stole approximately $223 million, of which $162 million was successfully frozen 10. Upbit temporarily suspends Sui Network digital asset deposits and withdrawals 11. SlowMist Cosine: Almost all the unfrozen funds of Cetus hackers have been exchanged for ETH, a total of 23,243 12. Details of the latest Aethir node repurchase plan revealed, eATH will be used as a voucher to participate in Aethir Season2&3 AirDrop 13. The number of initial jobless claims in the United States for the week ending May 17 was 227,000, while the expected number was 230,000. 14. Fed Governor Waller: If tariffs fall, the Fed is expected to cut interest rates in the second half of 2025 15. US SEC postpones decision on 21Shares spot Ethereum ETF pledge plan 16. Sui Ecosystem DEX Bluefin: Spot trading services have been suspended for security reasons, the platform remains safe 17. Bitget: OnChain transaction delay issue has been resolved, and users who lost money will be compensated 18. Jupiter announced that it will launch a lending product "Jupiter Lend" in July 19. Wormhole announced that it will introduce DOGE with a market value of $35 billion into the Solana ecosystem 20. Centrifuge brings $400 million of US Treasury bond fund’s RWA to Solana 21. Blockchain Group, Europe's first Bitcoin reserve company, purchased 227 BTC 22. OpenFX, a stablecoin cross-border trading startup, completes $23 million in financing, led by Accel 23. Bitcoin project Roxom Global completes $17.9 million in financing, with Borderless Capital and others participating 24. Viewpoint: BTC rises to a record high, partly because investors seek alternatives to US assets 25. Bitwise: The US Stablecoin Act may trigger a long-term bull market, and assets such as ETH and SOL may benefit 26. Standard Chartered analyst: BTC may reach $200,000 by the end of the year and $500,000 by 2028

Odaily News Centrifuge announced that it will expand its tokenized asset services to the Solana blockchain, starting with the $400 million tokenized U.S. Treasury bond fund (JTRSY) managed by Anemoy. The deJTRSY token corresponding to the fund will enable Solana users to earn income from short-term Treasury bonds on platforms such as Raydium, Kamino and Lulo. Centrifuge said that the expansion is based on its "deRWA token" standard, which allows tokens to be freely transferred and used between DeFi protocols. The Solana Foundation also partnered with R3, a blockchain technology company focused on banks, this week to introduce real-world assets, and the Apollo Credit Asset Fund issued by Securitize will also be connected to the DeFi protocol of the Solana ecosystem.

Odaily News Alex Thorn, head of research at Galaxy Digital, said in an article on X that based on a review of public documents, bankruptcy documents, and voluntary disclosures by active lenders, by the end of 2024, the total size of centralized finance (CeFi) loans was $11.2 billion, down 68% from the historical peak (ATH) of $34.8 billion in 2022. By the end of 2024, the largest CeFi lenders by outstanding loan book size were: Tether, Galaxy, Ledn, Coinbase, Maple, Unchained, Centrifuge, Goldfinch, Arch, and TrueFi. While DeFi is fairly transparent, CeFi lending is more opaque. However, when combined, the outstanding loan market size is about $30 billion. Today, the outstanding loan market size of DeFi has surpassed CeFi. If you add in collateralized debt position (CDP) stablecoins such as DAI, the size will exceed $35 billion. In fact, DeFi currently accounts for more than 60% of the cryptocurrency lending market.

Odaily News Chronicle announced the completion of a $12 million seed round of financing, led by Strobe (formerly Blocktower Venture Capital), with participation from Brevan Howard, 6th Man Ventures, and others. Chronicle is Ethereum's first oracle, led by Niklas Kunkel, a member of the founding team of MakerDAO (now Sky), and is positioned as the core data infrastructure for DeFi and real-world assets (RWA). Its RWA oracle "Verified Asset" has served projects such as M^0, Centrifuge, Superstate, and Securitize. The founder said that Chronicle will help institutions enter the RWA field and seize the layout boom of financial giants. This round of financing will be used for product development and research, and plans to launch more products in the next 12 to 18 months. (Blockworks)

Odaily News BlackRock-Securitiz, Superstate and Centrifuge's tokenized U.S. debt products are about to receive funding from Sky's (formerly MakerDAO) investment plan. It is reported that the investment plan is worth $1 billion. The final allocation will be market-driven, with a cap of $1 billion. If allocated according to the cap, it is expected that BlackRock-Securitize's BUIDL will receive $500 million, Superstate's USTB will receive $300 million, and Centrifuge's JTRSY will receive $200 million. After governance approval, the selected tokenized assets can be used as collateral for Sky's native stablecoin USDS and its yield-corresponding currency sUSDS. (CoinDesk)

Odaily News Franco Jofré, an attorney and senior counsel at Miller & Chevalier, said the retroactive token issuance relief proposed by U.S. SEC Commissioner Hester Peirce could benefit cryptocurrency companies and projects with specific characteristics. Jofré added that projects that demonstrate strong utility use cases for tokens, rather than purely speculative vehicles focused on investment, could qualify for potential relief, “If the SEC provides relief, it could introduce clearer criteria for distinguishing security tokens from true utility tokens. For example, tokens issued primarily for access to a service or platform, or those structured more like digital commodities than equity substitutes.” These include DeFi projects, L2 scaling solutions, and other crypto infrastructure that use tokens for governance and security. The lawyer also said that custodians and centralized exchanges are also worthy of attention for relief. Additionally, Jofré and Eli Cohen, general counsel at RWA tokenization platform Centrifuge, said the SEC has every right to dismiss its lawsuits against cryptocurrency companies for allegedly offering unregistered securities, adding that if the SEC redefines the standards for securities offerings or adopts a new approach to interpreting initial token sales, then the pending lawsuits will have a greater chance of being dismissed. Additionally, Jofré said the SEC may decide not to provide retroactive relief to cryptocurrency companies at all, and instead focus only on providing prospective relief. Consensys lawyer Bill Hughes said that the regulatory approach taken by the new SEC leadership is refreshing, but it will take some time to implement changes. He urged the industry to be patient and wait for the new leadership to adapt to its role. (Cointelegraph)