Centrifuge and Compass Labs Unveil Single API for On-Chain RWA Access
Compass Labs has partnered with Centrifuge to make it easier for developers and fintechs to access tokenized real-world assets. This partnership provides a single API that connects Compass Labs' infrastructure to Centrifuge's catalog of tokenized products, allowing instant DEX swaps on Ethereum and Base.
The integration brings two flagship Centrifuge products, SPXA and JAAA, into the mix. SPXA is a tokenized S&P 500 index fund launched in September 2025, while JAAA is an AAA-rated CLO fund that reached $1 billion in assets under management faster than any previous Centrifuge fund.
Centrifuge's on-chain asset offerings have exceeded $2 billion, with JTRSY, its tokenized Treasury product, accounting for approximately $1.4 billion of that figure. The single-API model reduces the engineering overhead of integrating tokenized assets, making it easier for fintech builders to add exposure to real-world equity or credit markets.
The choice of Ethereum and Base as supported chains is notable, with Base seeing significant developer activity and Ethereum remaining the dominant chain for institutional tokenization activity. JAAA's speed to $1 billion suggests there's demand for yield-bearing tokenized credit when access is easy enough, while SPXA being the first licensed tokenized S&P 500 index fund clears a bar that others haven't yet.