Centrifuge Tokenizes Janus Henderson's AAA CLO Fund Across Multiple Blockchains

Centrifuge has made significant strides in integrating traditional finance with blockchain technology by tokenizing the Janus Henderson Anemoy AAA CLO Fund. This innovative move allows the fund, which holds around $689.9 million in assets, to operate across eight different blockchain networks, including Ethereum, Solana, and Avalanche.

The tokenized fund features 36 AAA-rated collateralized loan obligations (CLOs), all managed by Janus Henderson, a firm known for its expertise in portfolio management. CLOs are essentially bundles of corporate loans divided into tranches based on risk levels, with the AAA tranche being the most secure. Historically, no AAA-rated CLO tranche has defaulted or incurred a principal loss in over 30 years, making this an attractive investment for institutional allocators.

The JAAA fund was launched in June 2025, backed by a $1 billion investment from the Sky Ecosystem, providing it with substantial scale in a market where many tokenized products struggle to gain traction. The structure involves three main players: Janus Henderson as the sub-advisor, Anemoy as the fund vehicle, and Centrifuge providing the necessary tokenization technology.

One of the key advantages of the tokenized JAAA fund is its compatibility with decentralized finance (DeFi) platforms like Aave Horizon, allowing holders to use their investments as collateral without sacrificing yield opportunities. The fund's subscription and redemption processes are conducted using stablecoins, simplifying the transition between fiat and crypto.

This development not only showcases the potential for tokenizing sophisticated financial instruments but also represents a low-risk avenue for Janus Henderson to explore blockchain distribution without needing to develop new investment capabilities.