Flash News
Centrifuge issued a governance proposal to explore the conversion of CFG tokens into equity
Wu said he had been informed that Centrifuge had issued a governance proposal to explore the conversion of the CFG token to a form of equity. Centrifuge states that while the CFG was initially designed for different phases of the project, the current business is positioned as an institutional infrastructure, and the existing token structure has become a constraint to partner outreach and financing. The proposal, which would allow eligible CFG holders to opt for the conversion of tokens into equity, is currently at the 14-day consultation stage and no final decision has been taken。
