- Centrifuge has partnered with oracle provider Chronicle to bolster transparency for its newly launched Anemoy Liquid Treasury Fund.
- Chronicle’s real-time data network will offer price updates and third-party verification, enhancing insight into the onchain fund’s portfolio and fund flows.
- The fund’s structure, which mirrors that of BlackRock’s BUIDL token, offers exposure to short-term US Treasury bills and is backed by renowned asset manager Janus Henderson.
Discover how Centrifuge and Chronicle are revolutionizing transparency in decentralized finance with the Anemoy Liquid Treasury Fund, backed by top-rated U.S. Treasuries.
Centrifuge Partners with Chronicle to Enhance Fund Transparency
Centrifuge, a leader in decentralized finance capital management, has recently announced a strategic partnership with Chronicle, a premier oracle provider. This collaboration aims to enhance transparency and trust for the Anemoy Liquid Treasury Fund, which has been built on the Ethereum- and Polkadot-compatible Centrifuge public blockchain. Chronicle’s real-time data network will deliver price updates and provide third-party verification, ensuring a clear and reliable view of the fund’s portfolio and its financial flows.
Janus Henderson’s Role in Managing the Fund
With the inception of Anemoy in 2023, Centrifuge has tapped into the expertise of Janus Henderson, an asset manager with over $360 billion in assets under management. Janus Henderson will oversee the compliance-focused aspects of the fund, leveraging their extensive experience to manage the tokenized U.S. Treasurys fund efficiently. This collaboration marks a significant step for Janus Henderson into the crypto industry, positioning them alongside other financial giants exploring tokenized assets.
The Significance of Moody’s Aa-bf Rating
Recently, Anemoy’s Liquid Treasury Fund received an Aa-bf rating from Moody’s, marking the highest tokenized Treasurys rating awarded by the agency. This rating underscores the high credit quality of the assets managed within the fund, reflecting a strong confidence in its financial stability. According to Moody’s standards, the Aa-bf rating indicates that the bond funds hold assets considered to be of high credit quality, promising a secure investment option for stakeholders.
Innovative Structure and Market Position
The Anemoy Liquid Treasury Fund was unexpectedly aligned with the structure of BlackRock’s BUIDL token, a fact discovered post-launch. Managed on the Anemoy subsidiary platform Tabula, the fund offers exposure to short-term U.S. Treasury bills, providing an innovative investment avenue in the decentralized finance space. This alignment signals a broader trend of major financial institutions adopting blockchain technology to improve asset management and compliance.
Archax and Digital Securities Exchange Integration
In a further significant move, U.K.-based asset broker and custodian Archax has added the Anemoy Liquid Treasury Fund to its primary digital securities exchange platform. This integration ensures that the fund is accessible to a wider audience, enhancing its liquidity and investment potential. The digital securities exchange platform facilitates a seamless interaction with the fund, pushing the boundaries of how traditional finance meets blockchain innovation.
Conclusion
The collaboration between Centrifuge and Chronicle sets a new standard for transparency and trust in decentralized finance. With the backing of Janus Henderson and a top-tier rating from Moody’s, the Anemoy Liquid Treasury Fund exemplifies the promising future of tokenized real-world assets. As the digital finance landscape continues to evolve, such partnerships and innovations are poised to pave the way for more robust, transparent, and efficient financial ecosystems.
Source: https://en.coinotag.com/anemoys-tokenized-u-s-treasury-fund-gains-transparency-with-chronicle-partnership/