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      Centrifuge Proposes Conversion of CFG Tokens to Equity Shares

      Centrifuge has introduced governance proposal CP172 on August 18, which examines the potential for converting CFG tokens into equity shares of Centrifuge Inc. This initiative arises from a strategic shift in the company's focus towards institutional infrastructure, which has highlighted limitations in the existing token structure regarding partner expansion and capital raising.

      Under the proposal, eligible CFG holders would have the opportunity to exchange 1 CFG for 1 share of Centrifuge Inc. equity, with the shares being recorded in a tokenized format. Holders possessing more than 100,000 CFG tokens would be able to directly enter the shareholder register, while those with fewer tokens could participate through CoinList's trust structure without incurring additional fees or minimum requirements. Those who opt not to convert their tokens can continue to hold or sell them as desired.

      The proposal is currently in the Request for Comments (RFC) stage, which will last for 14 days, and it will advance only after receiving board approval and undergoing governance voting. Centrifuge operates as an open decentralized infrastructure aimed at on-chain asset management and the tokenization of real-world assets, facilitating the conversion of institutional-grade assets into transferable tokens for the decentralized finance (DeFi) ecosystem.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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