CFG Crypto Gears Up for Bybit Listing Amid Beachhead Gains in Decentralized Finance
CFG crypto, the native token of Centrifuge, is poised for a new listing on Bybit Spot.Trading will start on August 26 at 10:00 AM UTC.
This listing expands CFG’s reach beyond existing platforms like KuCoin, MEXC, Gate.io,OKX,and Kraken. Just announced, CFG trades lower by 2% at $0.2722 over the last 24 hours. However, strong support hovers around $0.26 on the daily chart. A pullback may have curbed recent rallies. yet, trading volume shows a promising 8% rise, hitting 4.05 million over the same period.
Market momentum builds as the Relative Strength index (RSI) nears 50, hinting at an imminent positive swing. Analysts note this sign amid CFG’s association with major brands joining Securitize ($3.1B) and Ondo Finance ($1.3B).
- Centrifuge broke records with over $1 billion in Total Value Locked (TVL).
- Strong performances from its janus Henderson Anemoy AAA CLO Fund, focusing on AAA-rated corporate loans.
- the Janus Henderson Anemoy Treasury Fund emphasizes short-term U.S. government securities.
Concurrently, Centrifuge’s dive into DeFi includes launching deRWA tokens on Base’s Aerodrome DEX. These enable trading and using tokenized real-world assets as collateral within the EVM space. Centrifuge plans to extend coverage to ethereum and Solana soon.
