Mars Finance reports that on August 18, Centrifuge released governance proposal CP172, exploring the feasibility of converting CFG tokens into company equity. The proposal states that Centrifuge’s business has shifted toward institutional infrastructure, and the existing token structure has become a constraint for partner expansion and capital raising. It proposes offering eligible CFG holders the option to convert their tokens into equity. Key details of the proposal include: 1 CFG token can be exchanged for 1 share of Centrifuge Inc., with equity recorded in tokenized form; holders with more than 100,000 CFG may be directly added to the shareholder register, while those below this threshold may participate via CoinList’s trust structure, with no additional fees or minimum requirements; holders who opt not to convert may continue holding or selling their tokens, and team members, community, and partners will receive shares of the same class. The proposal is currently in the Request for Comments (RFC) phase for 14 days and requires approval from the board of directors and a governance vote to proceed. Centrifuge is an open, decentralized infrastructure for on-chain asset management and the tokenization of real-world assets (RWA). The platform enables asset managers to tokenize institutional-grade assets—such as credit, real estate, and government bonds—into freely transferable tokens for use within the DeFi ecosystem. Its core components include a compliant asset origination framework, Anemoy (a full-service fund structuring and asset management division), and a Proof-of-Index (PoI) infrastructure for tokenizing structured financial products such as S&P 500 index funds.
Centrifuge Proposes Converting CFG Tokens to Equity
MarsBitShare
Centrifuge has proposed converting CFG tokens into company equity through governance proposal CP172. Under the plan, 1 CFG token can be exchanged for 1 tokenized share of Centrifuge Inc. Holders with more than 100,000 CFG may join the shareholder register directly, while smaller holders can participate through CoinList’s trust structure. The proposal is currently in a 14-day RFC phase and requires board approval and a governance vote to proceed. This update introduces new token listings and token launch news to the market.
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