Coinbase asset tokenization wit Centrifuge for Base, TVL don hit $1.66B

Coinbase don announce say dem form strategic partnership wit Centrifuge to scale Coinbase asset tokenization infrastructure. Coinbase don invest for Centrifuge, wey go become di default issuance layer for tokenized assets across Coinbase ecosystem, and early institutional products suppose drop for Base within di next weeks. Main metric na Centrifuge growth: TVL reach $1.66B. Di article still put am for di bigger RWA market context, wey near $27B on-chain, including $16B+ wey dey tied to tokenized treasuries and fixed income. Coinbase push for tokenization pass dis deal alone. Coinbase Asset Management dey plan to issue im CUSHY stablecoin credit fund via Superstate’s FundOS, and Coinbase don already yarn say dem wan tokenize one share class of Apex Group’s Bitcoin Yield Fund on Base. Crypto-trader takeaway: Coinbase asset tokenization fit strong Base RWA rails and improve prospects for listings and liquidity over time. But because na mainly infrastructure and issuance-focused, short-term price signal for any single asset likely small. Separate, Coinbase CEO Brian Armstrong talk say company dey cut 14% of staff because of AI-driven efficiency gains, and di article note say e no directly change tokenization strategy.