Centrifuge tokenizes JAAA fund, featuring 36 CLOs with no defaults

Centrifuge has brought one of traditional finance’s safest asset classes onto the blockchain, tokenizing the Janus Henderson Anemoy AAA CLO Fund across eight different networks. The fund now holds roughly $689.9 million in assets under management, spread across chains including Ethereum, Solana, and Avalanche. The portfolio contains 36 AAA-rated collateralized loan obligations, all managed by Janus Henderson. CLOs are bundles of corporate loans sliced into tranches by risk level. The AAA tranche sits at the very top of the stack, meaning it gets paid first and absorbs losses last. No AAA-rated CLO tranche has ever defaulted or suffered a principal loss in over 30 years. How the fund came together The tokenized JAAA fund launched in June 2025, seeded with a $1 billion investment from the Sky Ecosystem (formerly MakerDAO’s broader organization) through Grove. That kind of seed capital gave the fund immediate scale in a tokenized asset market where most products struggle to break past the tens-of-millions mark. The structure involves three key players. Janus Henderson serves as sub-advisor, bringing its portfolio management expertise and decades of CLO experience. Anemoy acts as the f...