ChainCatcher news, according to CoinDesk, Centrifuge has partnered with Morpho and Coinbase to launch an RWA lending market aimed at institutions. This market relies on Coinbase's Layer 2 network Base and the Morpho Vaults system, using three tokenized U.S. Treasury bonds as collateral, including Centrifuge's Anemoy fund, Midas's short-term U.S. Treasury bonds (mTBILL), and Hashnote's U.S. Yield Coin (USYC). This is the first time Ethereum-driven Coinbase validation has been used in the lending market, aiming to provide instant liquidity without the need to redeem U.S. Treasuries.

ChainCatcher news, the Centrifuge community has released a proposal titled "Deploying Centrifuge RWA Lending Market on Base." The proposal states that the reason for choosing Base is that Coinbase has proven it can provide access control to the market.In previous news, the on-chain finance platform Centrifuge announced the successful completion of a $15 million Series A funding round, led by ParaFi Capital and Greenfield, with participation from IOSG Ventures, Circle Ventures, Arrington Capital, The Spartan Group, Wintermute Ventures, and others. The new funds will primarily be used for product development, building on-chain utility, ecosystem growth, and talent recruitment.