
The Crypto Tape
TradFi Took Over the Room with Bhaji Illuminati
Bhaji Illuminati, CEO and co-founder of Centrifuge, joins Frank Chaparro in studio at RWA Summit in Brooklyn, the tokenization conference Centrifuge launched in 2023. Bhaji describes how the room flipped from mostly DeFi builders to mostly traditional finance, and why the tokenization playbook flipped with it: asset managers now start with real onchain demand and AUM, and treat operational efficiencies as the long game. She walks through how a $1 billion T-bill RFP from Sky led Janus Henderson to bring its flagship AAA CLO strategy onchain with Centrifuge, why vaults are turning asset managers into onchain curators, and why Centrifuge is proposing to let token holders convert into tokenized equity.

