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dexFreight, MakerDAO, And Centrifuge Complete Pilot To Connect Multi-Trillion Dollar Logistics Industry With DeFi

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dexFreight, MakerDAO, And Centrifuge Complete Pilot To Connect Multi-Trillion Dollar Logistics Industry With DeFi

dexFreight, Centrifuge, and the Maker Foundation have tokenized freight invoices to use them as collateral for accessing liquidity and filling short term financing gaps for trucking companies. The pilot, conducted on top of dexFreight’s network platform, connects logistics collateral to the lower cost liquidity available in Decentralized Finance (DeFi), a new financial ecosystem based on decentralized networks and open-source software.

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