deJAAA, issued by Anemoy and tokenized by Centrifuge Network Foundation, is a tokenized fund interest that wraps a regulated AAA-rated collateralized loan obligation credit fund into a freely transferable, DeFi-composable token representing the same underlying fund exposure [S1][S2].

Holders receive economic exposure to the Janus Henderson Anemoy AAA CLO Fund (JAAA), a credit fund allocating to AAA-rated CLO tranches, with Anemoy as investment manager and Janus Henderson as sub-investment manager [S2]. The token is yield-bearing, letting holders earn the stable yields of the underlying assets while remaining tradable and composable, with NAV computed and distributed across networks [S1][S3]. Special purpose vehicle third-party services are performed for a service fee [S4].

The fund is structured by Anemoy, Centrifuge's asset-management arm, with the protocol operated by Centrifuge Network Foundation, registered in the Cayman Islands [S5][S6]. Neither Centrifuge nor any affiliated entity is licensed, and pools may be unregulated [S7]. Holders hold ERC-20 share tokens representing an interest in the underlying fund, wrapped by the deRWA standard into freely transferable tokens [S8][S1]. Tokens are offered only outside the United States to non-U.S. persons in reliance on Regulation S, excluding U.S. persons and unlawful jurisdictions [S9]. Non-U.S. Authorized Participants mint and redeem directly at NAV [S9].

Share tokens follow the ERC-20 standard with ERC-1404 permissioning, issued from ERC-4626 and ERC-7540 vaults [S8][S3]. deRWA tokens are freely transferable across Ethereum, Base, Arbitrum, Avalanche, Solana and Stellar, using a burn-and-mint mechanism for 1:1 cross-chain movement [S1][S3]. NAV and price-oracle updates are computed on the hub chain and distributed to all networks [S3].

<Sources
  retrievedAt="2026-06-19"
  items={[
    { id: "S1", url: "https://centrifuge.io/derwa-tokens" },
    { id: "S2", url: "https://centrifuge.io/blog/janus-henderson-anemoy-rating" },
    { id: "S3", url: "https://docs.centrifuge.io/developer/protocol/overview/" },
    { id: "S4", url: "https://docs.centrifuge.io/user/issuer/" },
    { id: "S5", url: "https://centrifuge.io/imprint" },
    { id: "S6", url: "https://centrifuge.io/" },
    { id: "S7", url: "https://centrifuge.io/terms" },
    { id: "S8", url: "https://docs.centrifuge.io/user/concepts/tokenization/" },
    { id: "S9", url: "https://centrifuge.io/blog/despxa-on-base" },
  ]}
/>


Tokenized funds

Lenders deposit funds into Tinlake and receive interest payments from borrowers (supply-side fees).

Centrifuge protocol enables asset managers to tokenize, manage, and distribute tokenized funds onchain, while providing investors access to a diversified portfolio of high-quality tokenized assets.

CFG tokenholders own and govern the protocol. They do not currently take a cut of the total interest paid by borrowers (revenue). Centrifuge's investors include IOSG Ventures, Galaxy Digital, TRGC, etc.

governance

github

twitter

discord

etherscan

website

Real-world asset (RWA) issuers

Centrifuge

DeFi Janus Henderson Anemoy AAA CLO Fund (deJAAA) is a tokenized fund share issued by Centrifuge.

The fund is open-ended and invests in corporate credit.

Its assets sit with J.P. Morgan, administered by Trident Trust, with MHA Cayman as auditor.

Retail investors can mint and redeem directly with Centrifuge in USDC and USDT, and holders have a right to redeem at net asset value.

deJAAA has been issued on public blockchains since August 2025 and is native to Ethereum, Base, Solana, Stellar, Arbitrum One, and Avalanche.

DeFi Janus Henderson Anemoy AAA CLO FunddeJAAA

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