Janus Henderson’s Tokenized JAAA Fund Operates on Centrifuge

Janus Henderson’s tokenized AAA collateralized loan obligation (CLO) fund operates on Centrifuge, extending blockchain-based investment products at an asset manager that oversees $500 billion. The tokenized fund is available to eligible non-U.S. professional investors.

JAAA is also used by Janus Henderson’s U.S.-listed AAA CLO exchange-traded fund, but that product is separate from the tokenized fund. The tokenized shares provide exposure to AAA-rated CLOs and are issued through Centrifuge.

Janus Henderson has developed its blockchain strategy for more than eight years. Regulators recognize that blockchain can play a role in modern financial systems.

Pendle and Janus Henderson partnered on an onchain version of an AAA CLO strategy valued at more than $30 billion.