Janus Henderson aims for tech leadership with Avalanche partnership

Janus Henderson wants to become the most technologically advanced asset manager. Its plan for getting there is to invest in blockchain builders and the networks they run on. From fund issuer to network operator The centerpiece is Avalanche. On September 16, 2026, Janus Henderson announced it had become an active validator on the network. Picture a blockchain as a shared ledger kept by a committee instead of one bank. Validators sit on that committee. They check transactions, agree on which ones are legitimate, and keep the record consistent across the network. Nick Cherney, the firm’s Head of Innovation, discussed the partnership on October 19, 2026. He framed the Avalanche work as part of the firm’s goal of becoming a tech-forward asset manager. A stake in onchain credit The validator role did not arrive alone. Janus Henderson has also taken an equity interest in Tranched, an onchain credit platform. Tranched manages $300 million in assets. It also has a pipeline exceeding $3 billion, meaning deals it is working toward but has not yet closed. Janus Henderson is also set to provide anchor capital for Tranched’s issuances. An anchor investor commits money early, which tends to give ...