Centrifuge's Total Value Locked Exceeds $1 Billion Driven by Tokenized Credit Fund Success
Centrifuge's Growth: Blockchain platform Centrifuge has surpassed $1.1 billion in Total Value Locked (TVL), primarily driven by the demand for its JAAA fund, which offers institutional investors higher yields and diversified credit exposure.
JAAA Fund Details: The Janus Henderson Anemoy AAA CLO Fund manages over $653 million on-chain, providing access to AAA-rated corporate loan-backed securities with an annual yield of approximately 5.10%, targeting non-U.S. professional investors.
Market Positioning: This milestone positions Centrifuge alongside other significant players like Securitize and Ondo Finance, indicating a growing interest in tokenized investment products as institutions seek alternative fixed-income strategies.
Recent Developments: Centrifuge recently launched a tokenized S&P 500 fund and completed a migration from Polkadot to Ethereum, enhancing its infrastructure and expanding its offerings in the decentralized finance (DeFi) space.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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