Janus Henderson Group plc (NYSE: JHG) is excited to announce a strategic collaboration with Anemoy Limited and Centrifuge to manage Anemoy’s Liquid Treasury Fund (LTF). This fund, a fully on-chain, tokenized vehicle on Centrifuge’s public blockchain, provides investors direct access to short-term US Treasury bills.
Janus Henderson will act as a sub-advisor to the LTF, overseeing the fund’s day-to-day operations and portfolio management through its wholly owned subsidiary, Tabula. This partnership will leverage Tabula’s specialized investment tools and Janus Henderson’s 90-year heritage of financial expertise to integrate traditional investment products with on-chain capital markets, unlocking significant potential.
Nick Cherney, Head of Innovation at Janus Henderson, commented, “This collaboration marks a major advancement in merging traditional and decentralized finance by incorporating robust institutional collateral into decentralized autonomous organizations and stablecoin ecosystems. Our innovation strategy is geared towards preparing for blockchain technology’s long-term impact on traditional finance, and this partnership offers a unique opportunity to shape that future while delivering stable and compliant solutions for on-chain markets.”
Janus Henderson’s commitment to blockchain readiness and tokenization is evident in this partnership. By working with Anemoy and Centrifuge, the firm is embracing disruptive financial technologies and positioning itself as a key player in the digital finance landscape. The LTF will utilize Centrifuge’s blockchain technology to access over $170 billion in idle capital on-chain. Anemoy’s role is crucial in bridging traditional and decentralized finance, facilitating Janus Henderson’s successful foray into this digital domain.
In addition, Janus Henderson has recently agreed to acquire a majority stake in Victory Park Capital Advisors, LLC (VPC), a global private credit manager that offers tailored solutions to both established and emerging businesses, including those in decentralized finance. This acquisition, along with Tabula, underscores Janus Henderson’s dedication to client-driven innovation.
Anil Sood, co-founder of Anemoy, expressed enthusiasm about the partnership: “Janus Henderson’s extensive experience and $360 billion in assets make them an ideal partner for advancing tokenized innovation.”
Martin Quensel, co-founder of Anemoy and Centrifuge, added, “This partnership highlights our commitment to merging traditional financial products with cutting-edge blockchain technology, creating new opportunities for investors and advancing the decentralized finance ecosystem.”
Michael John Lytle, CEO of Tabula, noted, “The intersection of DeFi, TradFi, and systematic investing presents significant opportunities for investors. It naturally aligns with the growth of ETF solutions and the need for stable, liquid assets like US Treasury bills.”
The use of a public blockchain with permissioned access controls and whitelisted wallets aims to address the operational and compliance challenges previously faced in tokenized fund adoption.
Bhaji Illuminati, CMO at Centrifuge, commented, “We are excited to partner with Janus Henderson and Anemoy to tackle fund management challenges and explore scalable solutions that could transform the financial industry. The Anemoy Liquid Treasury Fund demonstrates how traditional finance can harness distributed ledger technology to create new blockchain opportunities.”
As the blockchain sector evolves, Janus Henderson, Anemoy, and Centrifuge are well-positioned to lead in fixed income tokenization, offering innovative options for institutional products and enhancing on-chain capital market utility.
