Centrifuge taps Chronicle Labs as primary oracle for onchain asset verification

Centrifuge, the protocol built to tokenize and manage real-world assets onchain, has selected Chronicle Labs as its primary oracle provider. The integration centers on Chronicle’s Proof of Asset framework, which independently verifies portfolio composition, net asset value, and holdings-level data directly on the blockchain. Chronicle’s Proof of Asset framework works by generating cryptographic attestations of asset data, things like reserve composition and individual holdings, and publishing them to a public dashboard. The technology supports multiple chains, including Ethereum and Avalanche, which gives Centrifuge flexibility in where it deploys tokenized products. Rather than relying on 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 struck an even more ambitious tone, suggesting the partnership could help scale the tokenized asset market from billions to trillions of dollars. Building on prior integrations This isn’t Chronicle’s first dance with real-world asset verification. Back in September 202...