Centrifuge brings Apollo, Janus tokenized credit to Monad

Centrifuge has announced the expansion of its institutional-grade real-world asset offerings to the Monad blockchain, marking the first time such assets will be available on the network. The integration features tokenized products from major financial institutions Janus Henderson and Apollo Global Management, specifically including JTRSY, JAAA, and ACRDX. Investors gain onchain fund shares that represent direct claims on underlying assets, with the added capability for in-kind redemptions. To facilitate broader utility, Centrifuge is introducing freely transferable versions of these assets, labeled deJTRSY, deJAAA, and deCRDX, for use in lending, collateral, and secondary market activities. This move aims to enable developers and protocols to integrate institutional credit products into onchain financial applications with 24/7 access. Monad, a high-performance, Ethereum-compatible layer-1 blockchain, provides the infrastructure to support these large-scale financial operations. Centrifuge currently manages approximately $1.76 billion in total value locked across various blockchain networks, reinforcing its position as a key player in the growing $30 billion onchain RWA market.

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