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Centrifuge has executed a strategic expansion by deploying tokenized Treasurys, AAA-rated collateralized loan obligations, and private credit instruments onto the Monad blockchain, marking the inaugural arrival of institutional-grade assets on the network. This integration encompasses specific products from Janus Henderson and Apollo Global Management, identified as JTRSY, JAAA, and ACRDX. Investors holding these onchain fund shares possess direct claims on the underlying assets and are supported by in-kind redemption mechanisms.
Concurrently, Centrifuge is launching freely transferable derivatives of these assets, designated as deJTRSY, deJAAA, and deCRDX, specifically engineered to facilitate lending, collateralization, and secondary market activity throughout the Monad ecosystem. These assets are structured for immediate deployment within onchain financial applications, granting developers and protocols the capability to embed institutional credit products into lending, trading, and liquidity strategies with continuous 24/7 access and native onchain settlement. Monad serves as the underlying infrastructure, operating as a high-performance, Ethereum-compatible Layer 1 blockchain architected to sustain large-scale financial applications. Data compiled by Woofun AI shows that Centrifuge currently manages eight assets with approximately $1.76 billion in total value locked, with the majority concentrated on Ethereum accounting for about 81% of the total value, while smaller allocations exist across Avalanche C-Chain, Stellar, Base, Solana, and BNB Chain. The broader market for tokenized real-world assets has evolved into a multi-billion-dollar sector, with roughly $30 billion in assets currently onchain, a figure led by Treasury debt and credit products according to RWA.xyz. Leading platforms in this space include Securitize and Ondo Finance, which manage approximately $4.3 billion and $3.6 billion in assets respectively. Securitize hosts a diverse range of funds and private market products, including the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), alongside US Treasury funds, venture capital strategies, and private credit vehicles from firms such as Apollo, VanEck, and Hamilton Lane. Woofun AI notes that the company is expanding its scope beyond asset issuance into critical market infrastructure development. In March, the New York Stock Exchange signed an agreement with Securitize to develop a blockchain-based trading platform for tokenized equities, where Securitize will function as a digital transfer agent to mint blockchain-based shares and help establish standards for compliant tokenized securities within a planned 24/7 trading venue. During the same month, Franklin Templeton partnered with Ondo Finance to bring exchange-traded funds onchain, providing investors with exposure to equities, bonds, and gold directly through crypto wallets. Woofun AI analysis suggests that these coordinated moves by major financial institutions and blockchain protocols signal a maturing infrastructure capable of supporting seamless interoperability between traditional finance and decentralized ecosystems.