$2B Tokenized Funds Get Instant USDC Redemptions Via Symbiotic Liquidity Network
Centrifuge has integrated Symbiotic's Liquid Lane liquidity network into its tokenized funds, allowing holders to redeem their assets instantly in USDC.
The integration affects around $2 billion in tokenized assets managed by Janus Henderson and New York Life Investment Management.
This innovation uses an onchain Request for Quote (RFQ) mechanism where market makers provide immediate liquidity by tapping into Symbiotic vaults, earning DeFi yields as an incentive.
This approach decouples liquidity from the underlying asset's settlement timeline, improving access to cash for token holders.