Centrifuge just rolled out production-ready zkTLS infrastructure for undercollateralized lending—essentially bridging Web2 credit data onto the blockchain without actually exposing sensitive information. Clever approach for a protocol trying to tap into real-world credit markets.

That said, CFG has taken a beating lately—down 44% from its October peak. Two main culprits: the network migration bricked roughly 9.37% of the token supply, and a major exchange delisting didn't help sentiment either. Classic tale of execution challenges meeting market headwinds.

On the brighter side, 2025 saw $1.3 billion worth of assets get tokenized across the ecosystem. The infrastructure is clearly gaining traction, even if the token price hasn't reflected that momentum yet. Regulatory questions still linger, but the underlying tech narrative remains solid.