Centrifuge, the decentralized finance capital management platform, is partnering with oracle provider Chronicle to enhance transparency for the recently launched Anemoy Liquid Treasury Fund. The real-time data network Chronicle will provide price updates and third-party verification to provide better insight into the onchain fund’s portfolio and fund flows.
Anemoy, built in 2023 on the Ethereum- and Polkadot-compatible Centrifuge public blockchain, recently tapped Janus Henderson, an asset manager with over $360 billion in assets under management, to run the compliance-focused startup’s tokenized U.S. Treasurys fund, co-founders Anil Sood and Martin Quensel told The Block in an interview.
“Our partnership with Centrifuge and Anemoy demonstrates how decentralized oracles can bring a new level of trust and transparency to real-world assets,” Nik Kunkel, founder of Chronicle, said in a statement, adding the Ethereum-based oracle provides an “unopinionated, verifiable view” into the fund’s performance.
Moody’s recently assigned Anemoy's Liquid Treasury Fund the highest ever tokenized Treasurys rating: Aa-bf, the second highest rating on its scale. The rated bond funds hold assets "judged to be of high credit quality," according to the rating agency’s standards.
“We actually didn't know that the structure we have chosen [for LTF] is exactly the structure BlackRock would use as its BUIDL token two months later — that was a positive surprise and a good coincidence,” Quensel told The Block. The fund provides exposure to short-term US Treasury bills and is managed on the Anemoy subsidiary platform Tabula.
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Anemoy, named after minor Greek gods of wind (spelled Anemoi), supports the entire lifecycle of onchain asset management, including origination, tokenization, securitization, management and distribution.
Its tie-up with Janus represents the U.K. financial behemoth’s first step into the crypto industry, following experiments with real-world assets from rival money managers like BlackRock, Franklin Templeton and WisdomTree.
U.K.-based asset broker and custodian Archax recently added Anemoy’s Liquid Treasury Fund to its primary digital securities exchange platform.
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