Centrifuge adds Symbiotic liquidity network across $1.6B in Janus Henderson, NYLIM funds
Centrifuge has integrated Symbiotic’s Liquid Lane to provide immediate USDC liquidity for three of its tokenized funds, which collectively represent approximately $1.6 billion in assets under management. The integration covers the Janus Henderson-managed JAAA AAA-rated collateralized loan obligation strategy and JTRSY short-duration US Treasury strategy, alongside New York Life Investment Management’s HYB high-yield corporate bond fund. Symbiotic’s Liquid Lane utilizes an onchain request-for-quote marketplace, allowing market makers to fulfill redemption requests by tapping into liquidity vaults. This mechanism enables investors to receive USDC instantly, bypassing the longer standard redemption timelines typically associated with these institutional funds. By aggregating redemption demand across multiple issuers, the platform aims to solve the historical challenge of low trading volumes that have previously deterred market makers from committing capital. This development marks a significant step in enhancing the secondary market liquidity for tokenized real-world assets. As these funds are increasingly utilized as collateral in onchain markets, such infrastructure improvements are essential for broader institutional adoption.