
Coinbase has expanded its digital asset choices by including Centrifuge (CFG) and TROLL (TROLL) to its itemizing roadmap, marking a strategic transfer to diversify its portfolio of tokenized real-world property (RWAs) and meme-inspired tokens. The announcement, made in late September 2025, follows Centrifuge’s migration of its ERC-20 token from WCFG to CFG, a transition customers should manually full through the Centrifuge platform earlier than November 30, 2025. The migration, which
is not going to automate, underscores the alternate’s emphasis on person accountability in managing token transitions[1].
Centrifuge’s CFG token has gained traction as a cornerstone of the tokenized RWA sector, with the platform not too long ago surpassing $1.1 billion in complete worth locked (TVL) throughout six blockchains, together with
and . This development is attributed to institutional adoption of tokenized U.S. Treasuries, personal credit score, and an upcoming tokenized S&P 500 product. Centrifuge CEO Bhaji Illuminati highlighted the platform’s function in bridging conventional finance and blockchain, stating that establishments are more and more in search of higher-yielding alternate options to risk-free property like T-bills. The deRWA initiative, which goals to carry tokenized property to retail traders through main exchanges and DeFi protocols, additional solidifies Centrifuge’s place within the RWA ecosystem.
The addition of TROLL, a Solana-based
token, displays Coinbase’s broader technique to cater to speculative demand. TROLL’s current volatility has drawn consideration, with its market capitalization surging 50% inside quarter-hour to $140 million in early September 2025[2]. Whereas meme tokens are inherently speculative, TROLL’s integration with Solana’s quick transaction speeds and low charges positions it as a aggressive asset within the crowded meme coin area. Analysts notice that TROLL’s worth actions are pushed by social media developments and community-driven hype, typical of the sector[7].
Coinbase’s choice to record these tokens aligns with its Q2 2025 roadmap, which prioritizes increasing asset stock whereas addressing infrastructure scalability. The alternate’s current system improve, rescheduled to August 2, 2025, included including three new Ethereum-based tokens (QCAD, SKY, and USDS) to its roadmap, demonstrating its dedication to broadening token help[4]. The inclusion of CFG and TROLL follows a sample of prioritizing property with robust institutional or community-driven demand, as outlined in Coinbase’s weblog publish on asset itemizing standards[5].
The market response to those bulletins has been combined. Whereas Centrifuge’s TVL development alerts institutional confidence, TROLL’s sharp worth swings spotlight the dangers inherent to meme tokens. As an example, TROLL’s market cap briefly dipped to $16 million after a 42% correction following its April 2025 rally[6]. Coinbase’s cautious method—requiring customers to manually migrate WCFG to CFG—displays its give attention to danger mitigation, notably for tokens with complicated on-chain transitions[1].
Coinbase’s growth into RWA and meme tokens underscores the evolving panorama of digital asset markets. As tokenized property develop in complexity and adoption, exchanges like Coinbase are positioned to behave as gateways between conventional finance and decentralized ecosystems. The success of CFG and TROLL on the platform will rely on sustained institutional curiosity and group engagement, respectively. With $18 trillion projected for the tokenized RWA market by 2033, Coinbase’s strategic additions align with broader business developments towards blockchain-driven monetary innovation.













