{"id":422278,"date":"2026-03-17T10:43:09","date_gmt":"2026-03-17T05:13:09","guid":{"rendered":"https:\/\/dripp.zone\/news\/centrifuges-cfg-token-surges-60-on-binance-listing-crypto-news\/"},"modified":"2026-03-17T11:57:01","modified_gmt":"2026-03-17T06:27:01","slug":"centrifuges-cfg-token-surges-60-on-binance-listing-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/centrifuges-cfg-token-surges-60-on-binance-listing-crypto-news\/","title":{"rendered":"Centrifuge&#8217;s CFG Token Surges 60% on Binance Listing &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>The platform\u2019s overall on-chain RWA value crossed the $1 billion milestone for the first time last August on the back of institutional demand for its JAAA fund.<\/p>\n<div>\n<p>Centrifuge&#8217;s native token CFG has rallied roughly 60% in the past 24 hours after Binance, the largest centralized exchange buy trading volume, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/bcd4473a511948bf8b305f0f6a695313\" target=\"__blank\" rel=\"noopener noreferrer \">announced<\/a> it would list the token for spot trading today, March 16. CFG is the real-world asset (RWA) tokenization protocol&#8217;s native governance and utility token. <\/p>\n<p>The price of CFG reacted to the news nearly immediately, soaring from around $0.12 to as high as $0.23 at its intraday peak \u2014\u00a0a 90% rally \u2014 before retracing to approximately $0.19 at time of writing, per <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/centrifuge\" target=\"__blank\" rel=\"noopener noreferrer \">CoinGecko<\/a> data. 24-hour trading volume reached over $178.8 million, per CoinGecko, with most of today\u2019s volume, over $118.7 million, occurring on Korean CEX Upbit for the CFG\/KRW trading pair. <\/p>\n<p>Meanwhile, the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.binance.com\/en\/trade\/CFG_USDC?type=spot\" target=\"__blank\" rel=\"noopener noreferrer \">CFG\/USDC pair<\/a> on Binance is trading around $0.19, up almost 100% on the 24-hour timeframe. 24-hour trading volume for CFG on Binance has reached over $13.6 million at publishing time. <\/p>\n<p>Per the listing announcement, Binance applied a so-called Seed Tag to the listing \u2014 a designation the exchange uses for higher-risk or less-established tokens that requires users to pass a quiz before trading. <\/p>\n<p>CFG had already seen a listing-driven surge on Feb. 26, when Upbit&#8217;s announcement sent the token up over 200% intraday to over $0.24.<\/p>\n<figure><figcaption class=\"text-center text-xs\">CFG 3-month price chart. Source: CoinGecko<\/figcaption><\/figure>\n<h2>Tokenized RWA Value Slips<\/h2>\n<p>On the fundamentals side, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.rwa.xyz\/platforms\/centrifuge\" target=\"__blank\" rel=\"noopener noreferrer \">RWAxyz data<\/a> shows Centrifuge&#8217;s distributed asset value across its tokenized RWAs at $1.23 billion, down over 8% this month. The majority of value across the platform\u2019s four tokenized funds sits on Ethereum, which holds nearly $922 million at publishing time \u2014 though that value is down 10.55% in the past 30 days.<\/p>\n<p>Centrifuge\u2019s largest tokenized RWA product, Janus Henderson Anemoy Treasury Fund (JTRSY), holds U.S. Treasuries and has a market cap of $761.3 million. <\/p>\n<figure><img alt=\"the-defiant\" loading=\"lazy\" width=\"1978\" height=\"924\" decoding=\"async\" data-nimg=\"1\" class=\"mx-auto\" style=\"color:transparent;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' viewBox='0 0 1978 924'%3E%3Cfilter id='b' color-interpolation-filters='sRGB'%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3CfeColorMatrix values='1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 100 -1' result='s'\/%3E%3CfeFlood x='0' y='0' width='100%25' height='100%25'\/%3E%3CfeComposite operator='out' in='s'\/%3E%3CfeComposite in2='SourceGraphic'\/%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3C\/filter%3E%3Cimage width='100%25' height='100%25' x='0' y='0' preserveAspectRatio='none' style='filter: url(%23b);' href='data:image\/jpeg;base64,\/9j\/2wBDAAYEBQYFBAYGBQYHBwYIChAKCgkJChQODwwQFxQYGBcUFhYaHSUfGhsjHBYWICwgIyYnKSopGR8tMC0oMCUoKSj\/2wBDAQcHBwoIChMKChMoGhYaKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCj\/wAARCAAFAAoDASIAAhEBAxEB\/8QAFgABAQEAAAAAAAAAAAAAAAAAAAQI\/8QAHRABAAIABwAAAAAAAAAAAAAAAQADAgQREjRBkf\/EABUBAQEAAAAAAAAAAAAAAAAAAAAC\/8QAGBEAAgMAAAAAAAAAAAAAAAAAAAECESH\/2gAMAwEAAhEDEQA\/ANOZkStK3YnZIEv15GPyIiiovD\/\/2Q=='\/%3E%3C\/svg%3E\")\" srcset=\"\/_next\/image?url=https%3A%2F%2Fcdn.thedefiant.io%2Fscreenshot-2026-03-16-at-6-54-48-pm-png-3b44b5d8-b47f-4c0c-a1c0-dd7329be41e6.png&#038;w=2048&#038;q=100 1x, \/_next\/image?url=https%3A%2F%2Fcdn.thedefiant.io%2Fscreenshot-2026-03-16-at-6-54-48-pm-png-3b44b5d8-b47f-4c0c-a1c0-dd7329be41e6.png&#038;w=3840&#038;q=100 2x\" src=\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.thedefiant.io%2Fscreenshot-2026-03-16-at-6-54-48-pm-png-3b44b5d8-b47f-4c0c-a1c0-dd7329be41e6.png&#038;w=3840&#038;q=100\"\/><figcaption class=\"text-center text-xs\">Centrifuge&#8217;s RWA value by fund. Source: RWAxyz<\/figcaption><\/figure>\n<p>Meanwhile, RWAxyz shows that the value of Centrifuge\u2019s corporate credit fund, Janus Henderson Anemoy AAA CLO Fund (JAAA) slipped over 42% in the last month, which accounted for the broader net losses across its tokenized products. JAAA currently holds $416,6 million in value on-chain, mostly on Avalanche C-Chain and Ethereum. <\/p>\n<p>The platform\u2019s overall on-chain RWA value <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/tradfi-and-fintech\/centrifuge-surpasses-usd1-billion-in-tvl-as-broader-rwa-heats-up\" target=\"__blank\" rel=\"noopener noreferrer \">crossed the $1 billion milestone<\/a> for the first time last August on the back of institutional demand for its JAAA fund. The firm <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/resolv-and-centrifuge-launch-usd100m-tokenized-credit-strategy-on-aave\" target=\"__blank\" rel=\"noopener noreferrer \">launched a $100 million tokenized credit strategy<\/a> with Resolv on <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/aave-s-horizon-rwa-market-nears-usd540-million-adds-vaneck-treasury-fund\" target=\"__blank\" rel=\"noopener noreferrer \">Aave\u2019s RWA platform Horizon<\/a> in late February.<\/p>\n<p><em>This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The platform\u2019s overall on-chain RWA value crossed the $1 billion milestone for the first time last August on the back of institutional demand for its JAAA fund. Centrifuge&#8217;s native token CFG has rallied roughly 60% in the past 24 hours after Binance, the largest centralized exchange buy trading volume, announced it would list the token [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":422297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-422278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=422278"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422278\/revisions"}],"predecessor-version":[{"id":422298,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422278\/revisions\/422298"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/422297"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=422278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=422278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=422278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}