Centrifuge Taps Chronicle Labs as Primary Oracle for On-Chain Asset Verification

Centrifuge has selected Chronicle Labs as its primary oracle provider for onchain asset verification. The integration leverages Chronicle's Proof of Asset framework, which independently verifies portfolio composition, net asset value, and holdings-level data directly on the blockchain.

The technology supports multiple chains, including Ethereum and Avalanche, giving Centrifuge flexibility in where it deploys tokenized products. Unlike periodic manual audits or self-reported data, Chronicle provides continuous independent verification.

Centrifuge's CTO framed the integration as ensuring that tokenized assets are reliably backed by verifiable data. Chronicle's CEO suggested the partnership could help scale the tokenized asset market from billions to trillions of dollars.