Markets
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.
Centrifuge Develops Integrated Vault Offering for Onchain Finance
Centrifuge has introduced an integrated vault system aimed at facilitating the deployment of comprehensive financial products such as funds, ETFs, and structured credit directly onchain.
The system is built on an immutable base layer with customizable extensions, allowing asset managers to integrate compliance mechanisms and investment logic without starting from scratch.
Utilizing the ERC-7540 standard, the vault supports asynchronous operations for deposits and redemptions, aligning with offchain settlement timelines. It also incorporates ERC-4626 for synchronous operations and ERC-7575 for multi-asset support.
The platform enables one-click deployment of share tokens and vaults, simplifying the engineering process into a configuration task.
Building on Centrifuge V3, which established a unified multichain RWA framework, the protocol currently supports multiple blockchains including Ethereum, Base, Arbitrum, Avalanche, Plume, and BNB Chain, with plans for further expansion through 2026.
As of mid-2026, partnerships with New York Life Investment Management and Kraken Institutional indicate a strategic focus on bridging traditional asset management with crypto-native distribution.
FAQ
What is the Janus Henderson Anemoy AAA CLO Fund?
The Janus Henderson Anemoy AAA CLO Fund is a financial product that holds around $689.9 million in assets, consisting of 36 AAA-rated collateralized loan obligations (CLOs) managed by Janus Henderson. CLOs are bundles of corporate loans divided into tranches based on risk levels.
How does Centrifuge's tokenization work?
Centrifuge tokenizes the Janus Henderson Anemoy AAA CLO Fund, allowing it to operate across multiple blockchain networks, including Ethereum, Solana, and Avalanche. This process enables the fund to be more accessible and compatible with decentralized finance (DeFi) platforms.
What are the benefits of investing in the tokenized JAAA fund?
Investing in the tokenized JAAA fund offers low-risk exposure to AAA-rated CLOs, the ability to use investments as collateral on DeFi platforms, and simplified subscription and redemption processes using stablecoins.
Who are the main players involved in the JAAA fund?
The main players involved in the JAAA fund are Janus Henderson as the sub-advisor, Anemoy as the fund vehicle, and Centrifuge providing the tokenization technology.
What is the significance of the AAA tranche in CLOs?
The AAA tranche in CLOs is the most secure and has historically not defaulted or incurred a principal loss in over 30 years, making it an attractive investment option for institutional allocators.